Autonomous Spending Multiplier
Tags: #Economics #MacroEconomicsEquation
$$\text{Multiplier} = \frac{1}{1-MPC} = \frac{1}{MPS}$$Latex Code
\text{Multiplier} = \frac{1}{1-MPC} = \frac{1}{MPS}
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Introduction
Equation
Latex Code
\text{Multiplier} = \frac{1}{1-MPC} = \frac{1}{MPS}
Explanation
Latex code for the Autonomous Spending Multiplier.
- : Marginal Propensity to Consume
- : Marginal Propensity Save
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