Economy, asked by poojareddy7217, 11 months ago

How does equilibrium level of income is determined which factors do changes in national income

Answers

Answered by Anonymous

0

Answer:

Most simply, the formula for the equilibrium level of income is when aggregate supply (AS) is equal to aggregate demand (AD), where AS = AD. Adding a little complexity, the formula becomes Y = C + I + G, where Y is aggregate income, C is consumption, I is investment expenditure, and G is government expenditure.

Previous Question

Next Question

Similar questions

English, 6 months ago

Write a diary entry as albert einstein on your feelings after receiving the nobel prize in 100 - 120 words...

English, 6 months ago

The morning breeze is very refreshing (Exclamatory) ...

Math, 6 months ago

14. On one day on a hill, the temperature at 8 p.m. was 2°C but at mid-night that day, it fell down to -3°C. By how many degrees did the temperature fall? (Hint: Fall in temperature = (2-(-3)° C.] 15. A car travelled east of Delhi by 100 km and then to the west of it by 130 km. How far from Delhi was the car finally? please tell me fast the answer of this question and with very nice explanation...

Math, 11 months ago

If a 6 workers an do a piece of work in 12 days. Then how many days 24 workers can complete the same piece of work...

CBSE BOARD X, 11 months ago

How did Morrie develop his own culture of living?....tell answer from a paragraph from the book words and expressions...

Biology, 1 year ago

what are the advantage of the classifying oranisms...

Math, 1 year ago

The particle starts from rest and moves along a straight with the acceleration a = 3(1 - t/2) m/s^2. Find the displacement after it moves 2 seconds. By using application of calculus (integral and derivative )...

Social Sciences, 1 year ago

please tell me the correct answer...