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Economics glossary · Policy and the financial sector

Spending

What spending means in economics, as one of routes from migration to the host economy, with an example and a question to test yourself.

Definition
Spending
Migrants spend what they earn on rent, food and transport, raising aggregate demand and with it the demand for workers.
Example

Can you think of an example of spending?

Test yourself

Can you name the three routes by which net migration changes the host economy?

Learn it properly: the module

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