Outline. Aggregate output and aggregate income (Y)Equilibrium Aggregate Output (income)The multiplier. I. Aggregate Output and Aggregate Income (Y). Aggregate output is the total quantity of goods and services produced (or supplied) in an economy in a given period.Aggregate income is the total income received by all factors of production in a given period..
Related searches for Chapter 8: Aggregate Expenditure and Equilibrium Output
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.