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Key Terms:
multiplier effect,
consumption schedule, saving schedule, Average
Propensity to Consume (APC), Average Propensity to
Save (APS), Marginal Propensity to Consume (MPC),
Marginal Propensity to Save (MPS), leakages from
the income = expenditures stream, injections into
the income = expenditures stream, simple
multiplier, complex (actual) multiplier, multiplier
with changes in the price level (inflation)
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