Examlex
With which cloud type would each of the following phenomena be associated?
lightning hail tornadoes
brief heavy rain steady rain watery sun
halo mackerel sky
Marginal Propensity
The additional amount that consumers are likely to spend out of an additional unit of income.
Consumption Function
A formula in economics that shows the link between overall consumption and the gross national income.
Price Level
An index that measures the average of prices for goods and services in an economy over a period of time.
Aggregate Expenditure Line
A graphical representation of the total planned spending in an economy at various levels of national income.
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