A

Accelerated theory of investment, 45–46

Accelerator coefficient, 46

Aggregate demand, 23–24, 101–102

Aggregate income, 24

Aggregate supply hypothesis, 73

Annuity, 45

Automatic stabilizers

effectiveness, 67–68

expansionary periods, 66–67

Autonomous expenditures, 107–109

B

Balanced budget multiplier, 27–28

Barter economy, 7–8

Business cycle, 74–77

C

Classical economic theory, 50

Consumer surplus, 72

Consumption expenditures, 61

Cost of living adjustment (COLA) clauses, 84–85

Crowding out, 35, 109–110

D

Deficit financing, 18

Depression, 4

Discretionary fiscal policy, 69, 101–102

Disposable income, 24

E

Easy money, 13

Economic case vs. fiscal policy, 20

Economic depression, 4

Economic recession, 4

Economy of scale, 12

Effective demand, ...

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