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Net export is the value of countrys total exports minus the value of its total imports. It is
the amount by which foreign spending on a home countrys goods and services exceeds the home
countrys spending on foreign goods and services.
Equilibrium Expenditure
Equilibrium expenditure is the level aggregate expenditure that occurs when aggregate
planned expenditure equals real GDP.
Fiscal multiplier is used to measure the effect of government spending on the subsequent
income level of a country. In theory, increased fiscal spending can lead to increased
consumption, which then leads to a cycle of consumption and wealth creation.