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

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.

🎓 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.

🔔 Don't Forget to Subscribe!
If you find this tutorial helpful, don't forget to subscribe and hit that notification bell for more insights into economics.

📣 Connect with Me:

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