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The nursing student is reviewing the different organizations that provide services for nurses. She interprets the American Nurses Credentialing Center as
MPC
Marginal Propensity to Consume; the proportion of additional income that a consumer spends on goods and services rather than saving it.
Multiplier
In economics, a factor by which an initial change in spending is magnified or multiplied in the overall economy.
Automatic Stabilizer
Economic policies and programs, such as unemployment insurance, that automatically adjust to counteract economic fluctuations without the need for explicit government intervention.
Automatic Stabilizers
Economic policies and programs, such as unemployment insurance and taxation, that automatically adjust with economic conditions to stabilize income and spending.
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