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_____ may be used for bicycle stands, agricultural fences and gates, and art sculptures.
Aggregate Expenditures
The total amount of spending on goods and services in an economy at a given overall price level and in a given time period.
Spending Multiplier
the ratio of the change in total national income to the initial change in spending that brought it about, illustrating how initial spending leads to increased total spending in an economy.
Aggregate Spending
Aggregate spending is the total amount of spending in an economy, including consumption, investment, government expenditures, and net exports during a specific period.
Autonomous Saving
The portion of savings of an economy that is independent of income levels, often related to baseline savings by consumers and companies.
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