19. Consider the following diagram where Y is national output; and W are injections and withdrawals, respectively: Cais
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19. Consider the following diagram where Y is national output; and W are injections and withdrawals, respectively: Cais
19. Consider the following diagram where Y is national output; and W are injections and withdrawals, respectively: Cais domestic consumption, and E is the expenditure function. Which of the following statements is correct in equilibrium? 3 martes C. W.J E C S h OD 9 р O a (a) Injections can be calculated as the vertical distance gp'. (b) Withdrawals can be calculated as the vertical distance gp'. (c) Both (a) and (b). (d) None of the above.
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