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Aggregate Expenditure and Output in the Short Run: Study Notes

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The Consumption Function

  • Guided course
    1 = MPC + MPS
    02:45
  • Guided course
    Equation of the Consumption Function
    02:49
  • Guided course
    Marginal Propensity to Consume and Save
    04:20

Multiplier Effect of Investment Spending

  • Guided course
    Multiplier
    01:36
  • Guided course
    Multiplier Effect of Investment Spending
    07:46