Meaning income-expenditure model
What does income-expenditure model mean? Here you find 2 meanings of the word income-expenditure model. You can also add a definition of income-expenditure model yourself
1 |
0
0
income-expenditure modelA macroeconomic model, which captures the essence of Keynesian economics, is based on the equality between total income generated from gross domestic product and total expenditures on gross domestic p [..]
|
2 |
0
0
income-expenditure modelA macroeconomic model, which captures the essence of Keynesian economics, is based on the equality between total income generated from gross domestic product and total expenditures on gross domestic p [..]
|
| << increasing opportunity cost | demand determinant income >> |