Multiplier and NBAD: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
(Update & replace erroneous text. Source: NBAD webpage https://www.nbad.com/en-gb/about-nbad/about-nbad-group.html)
 
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An economic concept which states that an injection into the economy will increase the equilibrium level of national income by more than the amount of the injection.  
National Bank of Abu Dhabi.


The multiplier is defined as 1/(1-MPC), where MPC = Marginal Propensity to Consume.
NBAD is the largest lending bank in Abu Dhabi.


Hence the higher the MPC, the greater the increase in aggregate income as a result of the injection.
The majority of its shares are owned by the government of Abu Dhabi, through the Abu Dhabi Investment Council (ADIC).




== See also ==
==See also==
* [[Marginal propensity to consume]]
*[[ADGM]]
* [[Marginal propensity to save]]
*[[ADIBOR]]
 
*[[United Arab Emirates]]
[[Category:The_business_context]]

Revision as of 07:29, 2 September 2016

National Bank of Abu Dhabi.

NBAD is the largest lending bank in Abu Dhabi.

The majority of its shares are owned by the government of Abu Dhabi, through the Abu Dhabi Investment Council (ADIC).


See also