The blank is to be filled with the word Multiplier.
The Multiplier effect refers to the effect on national income and product of an exogenous(caused by a variety of factors outside the control of a single organization) increase in demand.
In other words, it means that the multiplier effect is an economic term, referring to the proportional amount of increase, or decrease, in final income that results from an injection, or withdrawal of capital.
Let's take an example. Suppose assume a company makes a $100,000 decline in investment of capital to expand its manufacturing facilities in order to produce less and sell less. After a year of production with the new facilities operating at minimum capacity, the company’s income decreased by $200,000. This means that the multiplier effect was 2 ($200,000 / $100,000). Simply put, every $1 of disinvestment produced an extra decline in $2 of income.
Hence, The idea that the eventual decline in spending will be much larger than the initial (autonomous) decrease in aggregate demand is the Multiplier.
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<span>selective attention
Selective attention is the process of focusing on a particular object in the environment for a certain period of time. Attention is a limited resource, so selective attention allows us to tune out unimportant details and focus on what really matters.</span>
Answer:
Proactive Interference
Explanation:
Based on the information provided within the question it can be said that this memory problem seems to be representing Proactive Interference. This term refers to when old information does not allow the recollection of newer information. Which is what is happening to Shelly since the information of PBS being on channel 9 is preventing her from remembering that it was changed to channel 16.
A period of economic growth (fast growth in GDP) continually ends in inflation with diverse monetary charges. This inflationary increase tends to be unsustainable and ends in a bust (recession). The most important problem of the enterprise cycle is that a recession represents a huge wastage of sources.
Business cycles are the "ups and downs" in financial activity, described in phrases of durations of enlargement or recession. Throughout expansions, the financial system, measured via indicators like jobs, production, and sales, is developing--in actual terms, with the exception of the results of inflation.
The business cycles generated through fluctuations in inventories are referred to as minor or short business cycles. these durations, which generally close about two to 4 years, are now and again additionally called inventory cycles.
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