Question

explain the equilibrium level of income, employment and output withvsaving and investment approach.??​

Answer 1

Answer:

Here is your answer .......

The equilibrium level of income is determined at a level , when planned saving is equal to planned investment.

According to the Keynesian theory ,equilibrium condition is generally started in term of aggregate demand and aggregate supply .An economy is in equilibrium when aggregate demnds for goods and services is equal to aggregate supply during a period of time.

Hope this answer will help u.