In the Keynesian cross diagram, the point at which the aggregate demand function crosses the 45-degree line indicates the:
CA Foundation · Business Economics · MTP · June 2024
In the Keynesian cross diagram, the point at which the aggregate demand function crosses the 45-degree line indicates the:
Suggested Answer and Working Notes:
Correct Answer: Option (C)
C. equilibrium level of income which may or may not be full employment level of income.
Topics: Determination of National Income
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