💶ap macroeconomics review

Expenditure multiplier

Written by the Fiveable Content Team • Last updated August 2025
Verified for the 2027 exam
Verified for the 2027 examWritten by the Fiveable Content Team • Last updated August 2025

Definition

A multiplier that quantifies the size of the change in aggregate demand resulting from a change in any component of aggregate demand.

AP course connection

Topic 3.2: 3.2 Spending and Tax Multipliers

Unit 3

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