Economics
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Boundless Economics
Aggregate Demand and Supply
Introducing Aggregate Expenditure
Economics Textbooks Boundless Economics Aggregate Demand and Supply Introducing Aggregate Expenditure
Economics Textbooks Boundless Economics Aggregate Demand and Supply
Economics Textbooks Boundless Economics
Economics Textbooks
Economics
Concept Version 5
Created by Boundless

Defining Aggregate Expenditure: Components and Comparison to GDP

Aggregate Expenditure

Aggregate Expenditure

This graph shows the aggregate expenditure model. It is used to determine and graph the real GPD, potential GDP, and point of equilibrium. A shift in supply or demand impacts the GDP.

Source

    Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:

    "Keynesian cross and growth in expenditure."
    http://en.wikipedia.org/wiki/File:Keynesian_cross_and_growth_in_expenditure.png Wikipedia CC BY-SA.

Related Terms

  • aggregate
  • expenditure
  • gross domestic product
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