T Chart with the concepts and definitions
T Chart with the concepts and definitions
Use the database of the Virtual Library to research and explore the definition of each of the concepts listed in the vocabulary section of the workshop. Create a T Chart with the concepts and definitions; then, bring it to class for a collaborative activity. Submit your Chart by the end of the week.
| Aggregate expenditures model
Multiplier effect Positive multiplier Negative multiplier Marginal rate of leakage Elasticity of aggregate supply |
High multiplier value
Low multiplier value Investment multiplier Government spending multiplier Tax multiplier Fiscal multiplier |
Earnings multiplier
Balanced-Budget multiplier Equity multiplier Equilibrium Output Equilibrium level of real GDP Keynesian multiplier Components of aggregate demand |
