AD AS Formulas Flashcards
1
Q
APC
A
Consumption/Disposable Income
2
Q
APS
A
Saving/Disposable Income
3
Q
MPC
A
change in consumption/change in disposable income
4
Q
MPS
A
change in saving/change in disposable income
5
Q
MPC + MPS=
A
1
6
Q
C/DI (C/Y)
A
APC
7
Q
S/DI (S/Y)
A
APS
8
Q
🔼C/🔼DI (🔼C/🔼Yd)
A
MPC
9
Q
🔼S/🔼DI (🔼S/🔼Y)
A
MPS
10
Q
Spending Multiplier
A
1/MPS
11
Q
1/MPS
A
Spending Multiplier
12
Q
🔼Spending • Multiplier =
A
RGDP