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DEMAND SCHEDULE: A table that illustrates the alternative quantities of a commodity demanded at different prices.
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SIMPLE EXPENDITURES MULTIPLIER A measure of the change in aggregate production caused by changes in an autonomous expenditure that shocks the macroeconomy, when consumption is the ONLY induced expenditure. The simple expenditures multiplier is the inverse of one minus the marginal propensity to consume, or more simply the inverse of the marginal propensity to save. A related multiplier is the simple tax multiplier, which measures the change in aggregate production caused by changes in taxes.
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In the early 1900s around 300 automobile companies operated in the United States.
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"Ships are safe in harbor. But that is not what ships are for." -- Anonymous
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BOJ Bank of Japan
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