CHAPTER TEN - SCHOOLinSITES
As GDP declines, the number of jobs and total income will also decline, but eventually the GDP and aggregate spending will be in equilibrium at $470 billion. E. Graphical analysis is shown in Figure 10-2 (Key Graph). At $470 billion it shows the C + Ig schedule intersecting the 45-degree line which is where output = aggregate expenditures, or ... ................
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