
A: The common notation for the "intercept" term of an equation specified as Y = a + bX. Mathematically, the aintercept term indicates the value of the Y variable when the value of the X variable is equal to zero. Theoretically, the aintercept is frequently used to indicate exogenous or independent influences on the Y variable, that is, influences that are independent of the X variable. For example, if Y represents consumption and X represents national income, a measures autonomous consumption expenditures.
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MONEY MULTIPLIER: The magnified change in money, both checkable deposits and currency, resulting from a change in bank reserves. Compared to the simple deposit multiplier, the money multiplier builds on the inverse of the requiredreserves ratio, but also takes into consideration that banks keep excess reserves, and the public transfers some checkable deposits into cash and savings. See also  money  checkable deposits  currency  bank reserves  excess reserves  deposit multiplier  Recommended Citation:MONEY MULTIPLIER, AmosWEB GLOSS*arama, http://www.AmosWEB.com, AmosWEB LLC, 20002018. [Accessed: April 21, 2018]. AmosWEB Encyclonomic WEB*pedia:Additional information on this term can be found at: WEB*pedia: money multiplier
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ARC ELASTICITY The average elasticity for discrete changes in two variables. The distinguishing characteristic of arc elasticity is that percentage changes are calculated based on the average of initial and ending values of each variable, rather than initial values. Arc elasticity is generally calculated using the midpoint elasticity formula. The contrast to arc elasticity is point elasticity. For infinitesimally small changes in two variables, arc elasticity is the same as point elasticity.
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Today, you are likely to spend a great deal of time searching for a specialty store seeking to buy either a small, foam rubber football or an instructional DVD on learning to the play the oboe. Be on the lookout for bottles of barbeque sauce that act TOO innocent. Your Complete Scope
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The average length of a "business lunch" is about 36 minutes.


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