Examlex
Which sentence is expressed correctly?
Fiscal Policy
Government policies related to taxation and spending aimed at influencing the economy.
MPC
Marginal Propensity to Consume, a metric in economics that measures the proportion of income changes that is spent on consumption.
Crowding Out
A decrease in investment that results from government borrowing.
Accelerator Effects
The phenomenon where an increase in national income leads to a proportionally larger increase in investment spending, magnifying the initial rise in income.
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