The difference between exports and imports in an economy
Money that enters the spending stream through an increase in business or government spending.
The difference between exports and imports in an economy.
Where spending equal output in an economy.
The level of consumer and business spending at each possible income or output level.
Insufficient total spending to achieve full-employment GDP
A tax where everyone pays the same amount.
Total spending exceeds level to achieve full-employment GDP
Money, like savings, that is no in the spending stream.
The business spending plan at each level of GDP
Spending choices of business independent of current real output.
Aggregate expenditures schedule
Recessionary expenditure gap
Inflationary expenditure gap