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Kepler's first law of planetary motion implies that
Spending Multiplier
The ratio of change in aggregate output (or income) to a change in spending that caused the change, showing how initial spending leads to increased total spending.
Autonomous Investment
Investment that does not change in response to alterations in the overall economy or income levels, such as public infrastructure investments.
Equilibrium Real GDP
The level of Gross Domestic Product where aggregate supply equals aggregate demand, adjusted for inflation.
Planned Aggregate Expenditure
The total amount households, businesses, and the government plan to spend on goods and services at different levels of national income.
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