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Equilibrium GDP and the Multiplier Effect Equilibrium GDP and the Multiplier Effect

Equilibrium GDP and the Multiplier Effect - PowerPoint Presentation

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Uploaded On 2017-08-19

Equilibrium GDP and the Multiplier Effect - PPT Presentation

Aggregate Expenditures The total amount spent on final goods and services AE consists of C consumption Ig Gross Investment AE C Ig Equilibrium GDP The level at which the total quantity of goods produced equals the total quantity purchased ID: 580197

gdp multiplier equilibrium savings multiplier gdp savings equilibrium change effect spending investment income person gross equal marginal high mpc

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