Examlex
What is the formula for computing the mean?
Multiplier
An economic factor that quantifies the impact of a change in investment, government spending, or other financial activity on the overall economy.
Marginal Propensity
Refers to the increase in personal consumer spending that occurs with an increase in disposable income.
Aggregate Expenditure
The total amount spent on goods and services in an economy at a given level of income during a specific period.
Marginal Propensity
The ratio of the change in consumption or saving to the change in income, indicating how income changes affect spending or saving behaviors.
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