Examlex
Despite the fact that members of Congress often lack specialized expertise in particular policy areas,they are prohibited by law from accepting information or policy proposals from registered lobbyists.
Aggregate Expenditure Line
A relationship tracing, for a given price level, spending at each level of income, or real GDP; the total of C + I + G + (X - M) at each level of income, or real GDP.
Marginal Propensity
The ratio of the change in consumption to the change in income, indicating how much consumption will change with a change in income.
Real GDP
The measure of a country's economic output adjusted for price changes, providing a more accurate reflection of an economy's size and growth.
Inventory Adjustments
Changes made to the recorded amount of inventory to account for discrepancies, damages, losses, or theft.
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