Exam (elaborations)
ECON 203 Exam 3 (Pakhotina) questions with correct answers
- Course
- Econ 202
- Institution
- Texas A&M University
Multiplier effect CORRECT ANSWER The increase in consumer spending that occurs when spending by one person causes others to spend more too Disposable income CORRECT ANSWER Income left after paying taxes -consumption is based on the amount of disposable income -people usually consume part of th...
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