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 6
Created by Boundless

Aggregate Expenditure at Economic Equilibrium

Aggregate Expenditure - Equilibrium

Aggregate Expenditure - Equilibrium

In this graph, equilibrium is reached when the total demand (AD) equals the total amount of output (Y). The equilibrium point is where the blue line intersects with the black line.

Source

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

    "KeynesianCross 3."
    http://en.wikipedia.org/wiki/File:KeynesianCross_3.png Wikipedia CC BY-SA.

Related Terms

  • aggregate
  • expenditure
  • equilibrium
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