Statements (22)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:macroeconomic_model
|
| gptkbp:alsoKnownAs |
45-degree line diagram
|
| gptkbp:assumes |
prices are fixed
short-run analysis |
| gptkbp:axisLabel |
aggregate expenditure (vertical axis)
national income (horizontal axis) |
| gptkbp:category |
macroeconomics
|
| gptkbp:demonstrates |
relationship between aggregate demand and national income
|
| gptkbp:explains |
multiplier effect
income determination |
| gptkbp:feature |
aggregate expenditure curve
45-degree line representing points where output equals expenditure |
| gptkbp:introduced |
gptkb:John_Maynard_Keynes
|
| gptkbp:introducedIn |
gptkb:The_General_Theory_of_Employment,_Interest_and_Money
|
| gptkbp:relatedTo |
gptkb:IS-LM_model
aggregate demand fiscal policy analysis |
| gptkbp:shows |
equilibrium where aggregate expenditure equals output
|
| gptkbp:usedIn |
gptkb:Keynesian_economics
|
| gptkbp:bfsParent |
gptkb:Keynesian_economics
|
| gptkbp:bfsLayer |
5
|
| https://www.w3.org/2000/01/rdf-schema#label |
Keynesian cross
|