Economy, asked by favourparis902, 9 months ago

Measures taken to increase equilibrium level of income

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Answered by anamikagungun
0

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Answered by gungunbajpai061105
2

Answer:

The government directly affects the level of equilibrium income in two specific ways – government purchases of goods and services (G) increase aggregate demand and taxes, and transfers affect the relation between income (Y) and disposable income (YD) – the income available for consumption and saving with the households ...

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