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Which of the Following Occurred in the 1964-1990 Generation of Computing

question 1

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Which of the following occurred in the 1964-1990 generation of computing?


Definitions:

Government Expenditures

Spending by government agencies on goods, services, and projects to fulfill public policies, which can influence a nation's economic performance.

Multiplier

A factor that quantifies the change in economic output resulting from a change in fiscal or monetary input.

MPC

Marginal Propensity to Consume, a measure of how much consumption changes with a change in income.

Aggregate Demand

The total demand for all goods and services within a particular economy at a given overall price level and in a given time period.

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