Examlex
False imprisonment is dissimilar to kidnapping because it is equally serious a crime because of the felonious acts involved in the crime.
Marginal Propensity
The proportion of an additional unit of income that is spent on consumption; a key concept in Keynesian economics related to how income changes affect spending.
Simple Multiplier
The Simple Multiplier is an economic concept that quantifies the impact of a change in investment, government spending, or other economic activity on total output or income.
Aggregate Expenditure
Aggregate expenditure is the total amount of spending in an economy, including consumer spending, investment, government spending, and net exports.
Equilibrium Real GDP
The level of gross domestic product where aggregate supply equals aggregate demand at current prices, adjusted for inflation.
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