Examlex
This type of memory is easier to demonstrate than to explain in words.
Multiplier
A quantitative measure that indicates the proportional amount by which aggregate output is expected to increase following an injection of public spending or investment.
Multiplier
A factor by which an initial change in spending will alter total economic output by a greater amount.
National Debt
The cumulative amount of money that a government owes to creditors, both domestic and foreign, as a result of borrowing to cover budget deficits.
National Debt
National debt is the total amount of money that a country's government has borrowed, through various means, including foreign governments and domestic investors.
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