Tester
Essay specific features


Written by:
Maude L
Date added:
October 31, 2011
Level:
College
Grade:
B
No of pages / words:
1 / 198
Was viewed:
6406 times
Rating of current essay:
Essay content:
These expenditures in turn will generate more jobs, wages, and profits, and so on with the income and spending circulating around the economy.
The multiplier effect arises because of the induced increases in consumer spending which occur due to the increased incomes -- and because of the feedback into increasing business revenues, jobs, and income again...
displayed 300 characters
Custom written essay
All essays are written from scratch by professional writers according to your instructions and delivered to your email on time. Prices start from $11.99/page
Order custom paperFull essays database
You get access to all the essays and can view as many of them as you like for as little as $28.95/month
Buy database accessOrder custom writing paper now!
- Your research paper is written
by certified writers - Your requirements and targets are
always met - You are able to control the progress
of your writing assignment - You get a chance to become an
excellent student!
Get a price guote
This process does not lead to an economic explosion not only because of the supply-side barriers at potential output (full employment) but because at each "round", the increase in consumer spending is less than the increase in consumer incomes. That is, the marginal propensity to consume (mpc) is less than one, so that each round some extra income goes into saving, leaking out of the cumulative process...
displayed 300 characters
General issues of this essay:
Related essays:
-
2 pages, 311 words
-
2 pages, 318 words
-
2 pages, 422 words
-
3 pages, 756 words
-
3 pages, 616 words
-
1 pages, 217 words
-
1 pages, 198 words