Examlex
When a falling object has reached its terminal velocity,its acceleration is
Marginal Propensity
The proportion of an additional increment of income that is spent on consumption. It reflects the change in consumption resulting from a change in income.
Multiplier
A factor by which an initial change in spending will alter total economic output by more than the initial monetary amount.
Marginal Propensity
A measure of how much an individual's consumption changes when their income changes.
Spending Multiplier
A concept in economics that refers to the ratio of a change in output to the initial change in spending that brought it about, indicating the ripple effect of spending through the economy.
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