Examlex
For the solid forms of the following elements, which one is most likely to be of the molecular type?
Full Employment
A situation in an economy where all available labor resources are being used in the most efficient way, typically with only natural unemployment remaining.
Marginal Propensity
Measures the portion of additional income that an individual or entity spends on consuming goods rather than saving.
Multiplier
The ratio of the change in an endogenous variable to the change in an exogenous variable it is dependent on, often used in the context of fiscal policy’s effect on the economy.
MPC
Stands for Marginal Propensity to Consume, indicating the proportion of additional income that is spent on consumption.
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