The circular flow of income

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Tom D.

University of Warwick - BSc Economics

A-level examiner. Panel judge of the Royal Economics Society essay competition. Former BBC News senior producer.

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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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