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Chapter # 3 Keynesian Theory of Income and Employment

Chapter # 3 Keynesian Theory of Income and Employment. Chapter`s outlines. Introduction to Keynes` Theory Determination of NI in two sector economy. Two methods for determination of National Income. AD & AS method. Saving & Investment Method.

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1.95k views • 33 slides

Secon d Part Lecture 8 Aggregate Expenditure Model

Secon d Part Lecture 8 Aggregate Expenditure Model. Consumption Function. Consumption Function: It shows the relationship between disposable income and consumption. What is disposable income? If we subtract tax from total income then we get disposable income. Suppose M= Total income

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254 views • 11 slides

Lecture 4

Lecture 4. Consumption Function. Consumption Function: It shows the relationship between disposable income and consumption. What is disposable income? If we subtract tax from total income then we get disposable income.

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188 views • 10 slides

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S f y - PowerPoint PPT Presentation

Chapter # 3 Keynesian Theory of Income and Employment

Secon d Part Lecture 8 Aggregate Expenditure Model

Lecture 4