100+ Y0 income PowerPoint (PPT) Presentations, Y0 income PPTs

Y0 income - PowerPoint PPT Presentation

Chapter 21 Fiscal policy and foreign trade

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IS-LM analysis: deriving the IS curve

IS-LM analysis: deriving the IS curve. Extension Class Presentation Ruth Tarrant. Consumption functions. 45? line. Income = consumption. Consumption (C). C = a + bY. a = y-intercept = autonomous consumption (i.e. the level of consumption when income is zero).

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Y0 income - PowerPoint PPT Presentation

Chapter 21 Fiscal policy and foreign trade

IS-LM analysis: deriving the IS curve