AGGREGATE expenditure is the total amount spent of the economy’s output by all households, firms, foreigners as well as the government. The components of aggregate expenditure consist of household ...
https://doi.org/10.2307/2554713 • https://www.jstor.org/stable/2554713 Copy URL Hoarding of money supply increases can explain long and variable lags from money ...
The income expenditure model of economics was developed by John Maynard Keynes to explain fluctuations in production of goods and services and spending. The model basically states that we produce as ...
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