DYNAMICS OF THE CONSUMER SPENDING MULTIPLIER AS A REFERENCE POINT FOR THE STATE'S ECONOMIC POLICY IN DIFFICULT ECONOMIC CONDITIONS
Abstract and keywords
Abstract (English):
In difficult economic conditions, it is important to choose effective tools for state regulation of economic processes that take into account the goals, state and capabilities of the regulator. The article presents an assessment of the sensitivity of the dynamics of consumer spending to changes in the monetary income of the population in order to consider the possibility of further use of this parameter in the system of measures to stabilize the national economy. The dependence of the multiplier of expenditures and the rate of gross production in the country is revealed. The variants of state intervention adequate to modern economic conditions are proposed.

Keywords:
income, consumer spending, marginal propensity to consume, multiplier, economic policy
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