Examlex
All of the following are true about Popés Rebellion in 1680, except
MPC
The marginal propensity to consume, which measures the portion of additional income that an individual spends on consumption instead of saving.
Multiplier
In macroeconomics, a factor that quantifies the effect of an initial change in the economy (such as investment or spending) on the total level of economic activity.
Automatic Stabilizers
Economic policies and programs designed to offset fluctuations in a nation's economic activity without additional government action.
Transfer Payments
Payments made by the government to individuals or groups without receiving any goods or services in return, such as social security or welfare benefits.
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