Examlex
The direction of rotation of a DC motor can be reversed by changing the connections of either the armature or the field leads.
Interest Rates
The cost of borrowing money or the return for investing, usually expressed as a percentage per annum.
Aggregate Demand
Represents the total demand for goods and services within a particular economy at a given overall price level and in a given time period.
Tax Cut
A tax cut involves a reduction in the amount of taxes imposed by a government, which can affect consumer spending, investment, and economic growth.
MPC
The marginal propensity to consume (MPC) indicates the proportion of an increase in income that a consumer will spend on consumption rather than saving.
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