Examlex
The threat of firing an employee would be considered an incentive in Barnard's people-centered model of bureaucracy.
Aggregate Expenditure Line
A relationship tracing, for a given price level, spending at each level of income, or real GDP; the total of C + I + G + (X - M) at each level of income, or real GDP.
Marginal Propensity
The ratio of the change in consumption to the change in income, indicating how much consumption will change with a change in income.
Real GDP
The measure of a country's economic output adjusted for price changes, providing a more accurate reflection of an economy's size and growth.
Inventory Adjustments
Changes made to the recorded amount of inventory to account for discrepancies, damages, losses, or theft.
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