The circular flow of income

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Lukas P.

University of Warwick - BSc Economics

GCSE and A-Level Economics Tutor

£35 / hour

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    Average and marginal propensities to save and consume

    The circular flow of income

    The multiplier

    The aggregate expenditure function

    Aggregate expenditure and income determination

    Injections and leakages approach to determining equilibrium income

    The accelerator effect

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