Examlex
The Bureau of Labor Statistics counts a member of a surveyed household as an adult if that person is at least
Multiplier Effect
The economic concept that an initial increase in spending leads to a greater increase in national income and total economic output.
Investment Accelerator
A concept where an increase in national income or gross domestic product leads to a proportionate increase in investment spending.
Aggregate-Demand Curve
A graph showing the relationship between the total quantity of goods and services demanded across all sectors of the economy and the price level.
Monetary Policy
Actions by a central bank or other regulatory authority to influence a nation's money supply and interest rates to achieve macroeconomic objectives such as controlling inflation, consumption, growth, and liquidity.
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