A video analysis

      https://www.youtube.com/watch?v=17wni5Jmh-w 1. Describe the marginal propensity to consume and show how it is computed. 2. Discuss how spending and output influences equilibrium in a simple model where aggregate expenditure = consumption. 3. Describe how unplanned inventory can influence equilibrium in the model where AE=(C+I+G+(X-M)) 4. Briefly describe the expenditure multiplier and state how it is computed. How is it different from the Tax multiplier?