Objective
Students will be able to:
- Define spending multiplier, marginal propensity to consume, marginal propensity to save.
- Compute the spending multiplier.
Concepts
In this personal finance lesson, students will learn spending multiplier and the marginal propensity of consuming and saving.
Resources
Procedure
Click NEARPOD VERSION: SPENDING MULTIPLIERS to access an interactive version of the lesson powered by Nearpod: students interact and respond to questions on their device, and teachers will see their responses in real time!
Subjects:
Economics