Economy, asked by rai321005, 7 months ago

Explain the theory of determination of equilibrium level of output and income with the help of aggregate demand and aggregate supply curve ?

Answers

Answered by sanjaykeshri264

4

Answer:

According to the Keynesian theory, the equilibrium level of income in an economy is determined when aggregate demand, represented by C + I curve is equal to the total output (Aggregate Supply or AS). Aggregate demand comprises of two components: 1. Consumption expenditure CC):

Answered by ramadevi70206

1

Explanation:

please follow me and thank my answer

Attachments:

Previous Question

Next Question

Similar questions

English, 3 months ago

Walk softly through the velvet grass, And listen by the brook." State the rhyme scheme of the above stanza.

Social Sciences, 3 months ago

Shahjahanabad was constructed on the banks of the river _________ A. Yamuna B. Ganga C. Indus D. Brahmaputra ...

Social Sciences, 3 months ago

Q.2 Hissar was established by- a) Bahlul Lodhi b) Iltutmish c) Razia d) Feroz Shah Tughlaq Q.3 Which ruler of Delhi Sultanate started to maintain a detail description of each soldier? a) Ibrahim Lodhi b) khijir Khan c) Razia d) Alauddin khalji Q.4 Which of the followings is a tax for Non-Muslims? a) Chehra b) Jazia c) Baoli d) Dagh Q.5 Rana Sanga was the king of – a) Delhi b)...

Social Sciences, 7 months ago

(11) Describe the impact of globalisation on Indian agriculture...

Math, 7 months ago

( (c) 6ooo perfect cube ...

Biology, 11 months ago

Many factors including vitamins a, d, b12 and which other vitamin must be present to aid the clotting of blood...

Biology, 11 months ago

0. Manas river forms the distribution limit of which of these two primate species...

Biology, 11 months ago

Market analyst: recent research confirms that the main cause of bad breath is bacteria build-up on the tongue. The research also concludes that tongue scrapers, when used properly, can eliminate up to 40% of the bacteria from the tongue. As the effectiveness of tongue scrapers becomes more widely known, the market for less effective...