'Keynesian cross diagram' diaporamas de présentation

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The Keynesian Framework and the ISLM Model

The Keynesian Framework and the ISLM Model. Determination of Output. Keynesian ISLM Model assumes price level is fixed Aggregate Demand Y ad = C + I + G + NX Equilibrium Y = Y ad Consumption Function C = a + ( mpc ? Y D ) Investment 1. Fixed investment

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Spending and Output in the Short Run

Spending and Output in the Short Run. Chapter 13. Chapter 13 Learning Objectives. You should be able to:. List the components of investment. Distinguish between actual and planned aggregate expenditure. Describe the consumption function, graph the consumption function.

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