AD = C + I + G + (X – M)
Por um escritor misterioso
Last updated 29 dezembro 2024
So by the expenditure model our National Income is equal to our collective spending (Aggregate Demand). Let’s see what influences each element of this important equation.
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SOLVED: HOMEWORK Consider the following macroeconomic system where C, I, G, X, M represent respectively, consumption expenditures, investment expenditures, government expenditures, exports, and imports. Yd and Y denote the disposable income and
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