plot price against national income
Posted: Fri Jul 01, 2022 7:55 am
plot price against national income
Consider the following AE function AE=250 +0.5Y+0.1(M/P) (1) Where AE is a desired aggregated expenditure, Y is a real GDP, M is a private sectors nominal wealth and P is the price level.Suppose that M is constant with value of 6000 P M/P 1 2346 10 AE 6000 AE-250+0.5Y 6
- Plot Price Against National Income 1 (23.28 KiB) Viewed 18 times
- Plot Price Against National Income 2 (23.28 KiB) Viewed 18 times