Examlex
In studies on the effect of anti-AIDS films, which of the following is true of sexually active people who watched the films?
Equilibrium GDP
The level of Gross Domestic Product where aggregate supply equals aggregate demand, indicating a stable economy with no tendency for change in the price level or output.
Multiplier
Any change in spending (C, I, or G) will set off a chain reaction leading to a multiplied change in GDP. Equation is 1/(1 - MPC).
Federal Budget Deficit
A situation where the government's expenditures exceed its revenues over a specific fiscal period.
Real Interest Rates
The interest rate adjusted for inflation, representing the true cost of borrowing and the real yield to investors.
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