Examlex
Consider a simple macro model with a constant price level and demand-determined output.If the marginal propensity to spend is 0.9,the simple multiplier is
Rules Of Exponents
Fundamental principles used to simplify expressions involving powers of the same base, including multiplication, division, and power of power rules.
Expression
A combination of symbols that represents a quantity or a relationship between quantities.
Y
In Cartesian coordinates, the vertical axis or the value that represents vertical position.
Expression
A combination of symbols and operators in mathematics that represents a specific value.
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