In the simple aggregate expenditure model where all components of aggregate expenditure are autonomous except consumption, the size of the multiplier depends on the
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The process of streak formation can be conveniently observed in the chick embryo, where the streak forms as an accumulation of cells in the epiblast in the posterior pole of the embryo and extends subsequently in anterior direction until it covers 80% of the epiblast
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The Government Purchase Function: The relationship between government purchases and the level of income in the economy, other things constant. Government purchases are considered autonomous that do not depend directly on the level of income in the economy, because spending decisions are made by government officials.
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