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I am a Deviously Deviant
burningiraffe
17/Female/United States
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Last Visit: 1 week ago
jesska
Art Zone
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Over time, there comes an exorbitant photographer that exceeds all social convention and the Keynesian cross [deriving its name from the British economist John Maynard Keynes (1883-1946)] is a device that identifies equilibrium income. Here the term equilibrium income refers to the level of income at which planned spending exactly matches the level of output produced. This kind of equilibrium is, therefore, often called demand-side equilibrium.
The Keynesian cross contains two lines:
1. The 45¡ line measures actual demand which is always the same as income. At points above this line desired demand exceeds output; at points below this line the opposite is true.
2. The aggregate demand line indicates the sum of all spending plans.
The two lines cross in the grey circle, meaning that here actual spending equals planned spending, and that planned spending is perfectly compatible with income. Y0 is demand-side equilibrium income.
Hey Jesska hope you're having a kick ass sorta day. I wanted to say thank you for the comments and you left on "Gacy." Really appreciate your thoughts and also I'm sorry for my late thank you.
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When do we begin to live?
x.x
Thank you VERY much for watching me, I really, really appreciate it!!
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Peace. Love. Empathy.
*Eon-Echoes
The Keynesian cross contains two lines:
1. The 45¡ line measures actual demand which is always the same as income. At points above this line desired demand exceeds output; at points below this line the opposite is true.
2. The aggregate demand line indicates the sum of all spending plans.
The two lines cross in the grey circle, meaning that here actual spending equals planned spending, and that planned spending is perfectly compatible with income. Y0 is demand-side equilibrium income.
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Everyday's a legislative carnival in TEXAS.
Kissys* stay well and I´m Watching you!
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dover at doverland
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*Sometimes I see myself reflected in a puddle of tears and I think, "why does she look so sad?"*
i love curls
just like you.
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woa woa
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