CBSE BOARD XII, asked by mansimanglani4120, 9 months ago

How economy achives equilibrium level of income using (c+i) approach?

Answers

Answered by smartsarancomfortrub
0

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).

Explanation:

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