Examlex
What is one of the drawbacks of mutual funds?
Spending Multiplier
The ratio of the change in total output to the initial change in spending that brought it about.
Marginal Propensity
The proportion of an additional income that an individual or population spends on consuming rather than saving.
Multiplier Effect
The economic concept that an initial increase in spending leads to a greater increase in national income and total economic output.
Investment Accelerator
A concept where an increase in national income or gross domestic product leads to a proportionate increase in investment spending.
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