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Chapter 4 Income Determination I --- Income-expenditure Model

Chapter 4 Income Determination I --- Income-expenditure Model

Chapter 4 Income Determination I --- Income-expenditure Model. Contents:. Assumptions of income-expenditure Model Two-sector economy Three-sector economy Four-sector economy Different kinds of multipliers in different economies Other points to be noticed Paradox of thrift

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1.55k views • 99 slides
Aggregate Expenditure

Aggregate Expenditure

14. Aggregate Expenditure. CHAPTER. C H A P T E R C H E C K L I S T. When you have completed your study of this chapter, you will be able to. 1 Distinguish between autonomous expenditure and induced expenditure and explain how real GDP influences expenditure plans.

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836 views • 62 slides
Output and Expenditure in the Short Run

Output and Expenditure in the Short Run

Output and Expenditure in the Short Run. Demand Forecasts Backfire at Cisco Systems. 1. 2. 3. 4. 5. 6. After studying this chapter, you should be able to: Understand how macroeconomic equilibrium is determined in the aggregate expenditure model.

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602 views • 49 slides
Lecture 3: Simple Keynesian Model

Lecture 3: Simple Keynesian Model

Lecture 3: Simple Keynesian Model. National Income Determination Three-Sector National Income Model. Outline. Three-Sector Model Output-Expenditure Approach: Equilibrium National Income Ye Injection-Withdrawal Approach: Equilibrium National Income Ye Fiscal Policy. Three-Sector Model.

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276 views • 25 slides
Catching up and global (asymmetric) interdependence

Catching up and global (asymmetric) interdependence

Catching up and global (asymmetric) interdependence. ECLAC Summer School 2013. Objectives 1. To discuss the interrelations between technological learning, structural change and growth. Objectives 2. Extend the canonical Keynesian growth model in three directions:

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304 views • 21 slides
Output and Expenditure in the Short Run

Output and Expenditure in the Short Run

Output and Expenditure in the Short Run. Output and Expenditure in the Short Run. Aggregate expenditure (AE) The total amount of spending in the economy: the sum of consumption, planned investment, government purchases, and net exports. The Aggregate Expenditure Model. 1.

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383 views • 15 slides

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