Determination of Equilibrium of Income

Determination of equilibrium income using:

(a) 45 o line or E=Y;

(b) withdrawals and injections approach;

(c) the Keynesian aggregate demand and supply curves (long run and short run).

 

https://www.khanacademy.org/economics-finance-domain/macroeconomics/income-and-expenditure-topic/macroeconomics-the-keynesian-cross/a/the-expenditure-output-or-keynesian-cross-model-cnx#:~:text=The%20point%20where%20the%20aggregate,the%20total%20level%20of%20production.