Examlex
To locate something in the database,one must type the keyword into the ________ of the application.
Marginal Propensity
The fraction of an additional amount of income that is spent on consumption. This is a key factor in determining the impact of an income change on the economy.
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.
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