Examlex
Dr.Baker-Finch considers early computers as the "founding fathers" of the developmental theory he supports.He is trying to draw analogies between a computer's hardware and the brain and between computer software and cognition.Dr.Baker-Finch would be considered a(n) :
Government Purchases Multiplier
The ratio of change in aggregate economic output to a change in government spending, used to analyze the effect of fiscal policy on the economy.
Aggregate Demand
Total economic need for all goods and services within an economy, pegged at a designated price level during a chosen period.
Government Expenditures
The total amount of money spent by the government in a fiscal period, including spending on goods, services, and public projects.
Price Level
An overall average price for the full range of goods and services in the economy.
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