Examlex
If not treated, infection of the infant's eyes with gonorrhea during delivery could result in
Simple Multiplier
The ratio used to estimate the proportional amount of increase, or decrease, in final income that results from an injection, or withdrawal, of spending.
Marginal Propensity
The rate at which an individual, household, or economy is likely to consume (or save) with respect to an incremental increase in income.
Multiplier
An economic factor that quantifies the impact of increased spending in the economy, leading to a proportional increase in income and consumption.
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.
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