Examlex
If government spending increased by $200 billion and the MPC within the economy was 0.9, what would be the total impact on real GDP?
Environment
The sum of all external conditions and influences affecting the life, development, and survival of an organism or group of organisms.
Needs Hierarchy
A motivational theory proposed by Abraham Maslow that suggests human needs are arranged in a hierarchy, from most to least important.
Physiological Needs
Basic bodily requirements for human survival, such as air, food, water, shelter, and clothing, according to Maslow's hierarchy of needs.
Self-Esteem
A person's overall subjective sense of personal worth or value, encompassing beliefs about oneself as well as emotional states.
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