Statements (18)
Predicate | Object |
---|---|
gptkbp:instanceOf |
gptkb:economic_policy
|
gptkbp:axisLabel |
aggregate expenditure
national income |
gptkbp:component |
gptkb:IS-LM_model
|
gptkbp:demonstrates |
multiplier effect
equilibrium where aggregate expenditure equals output |
gptkbp:depicts |
relationship between aggregate demand and national income
|
gptkbp:explains |
short-run fluctuations in output
|
https://www.w3.org/2000/01/rdf-schema#label |
Keynesian cross diagram
|
gptkbp:introduced |
gptkb:John_Maynard_Keynes
|
gptkbp:shows |
45-degree line
equilibrium output planned expenditure curve |
gptkbp:usedFor |
analyzing fiscal policy effects
|
gptkbp:usedIn |
gptkb:Keynesian_economics
introductory macroeconomics |
gptkbp:bfsParent |
gptkb:Keynesian_model
|
gptkbp:bfsLayer |
7
|