Calculating Autonomous Spending, Marginal Propensity to Consume, and the Multiplier

Описание: Welcome back to Tierney Education, your go-to source for #Economics and #FinancialLiteracy. In today's video, we dive deep into Autonomous Spending, Marginal Propensity to Consume, and the Multiplier, essential components of the aggregate expenditure model.

📊 What's This Video About?
We'll take you through an algebraic example of the aggregate expenditure model, step-by-step. We'll cover how to calculate key variables like Autonomous Spending, Marginal Propensity to Consume, and the Multiplier to give you a full understanding of the topic.

🔍 What Will You Learn?
▶️ Autonomous Spending: Learn how to calculate it based on provided data.
▶️ Marginal Propensity to Consume: Understand how to find this value with given numbers.
▶️ The Multiplier: Discover how it ties the aggregate expenditure model together and how to calculate it.

Need to brush up more on the AE model? Check out the videos on my AE Model Playlist:    • Intro to Macro: Aggregate Expenditure Model  

🎓 About Me:
Tierney Education is committed to simplifying economics and finance for everyone. Whether you're a student or a professional, this video is for you.

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Thanks for tuning in. Can't wait to help you master more economic principles! 🔍