Macro Ch 8 Vocabulary - PowerPoint PPT Presentation
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Macro Ch 8 Vocabulary
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Macro Ch 8 Vocabulary 45 (degree) line consumption schedule saving schedule break-even income average propensity to consume (APC) average propensity to save (APS) – PowerPoint PPT presentation
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Title: Macro Ch 8 Vocabulary
1
Macro Ch 8 Vocabulary
- 45 (degree) line
- consumption schedule
- saving schedule
- break-even income
- average propensity to consume (APC)
- average propensity to save (APS)
- marginal propensity to consume (MPC)
- marginal propensity to save (MPS)
- wealth effect
- expected rate of return
- Multiplier
- Investment Demand Curve
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