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As a Result of the Recent Financial Crisis, Some Analysts

question 138

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As a result of the recent financial crisis, some analysts believed that the MPC in the U.S.declined.If this is true, the value of the multiplier is now


Definitions:

Aversive Effects

Unpleasant outcomes or reactions that are intended to discourage a behavior or action.

Boredom

A state of disinterest or weariness that occurs when an individual feels unengaged by their current activity or surroundings.

Self-Actualization

According to Maslow, one of the ultimate psychological needs that arises after basic physical and psychological needs are met and self-esteem is achieved; the motivation to fulfill one’s potential.

Economic Security

The state of having stable income or other resources to support a standard of living now and in the foreseeable future.

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