The Keynesian Cross
The Keynesian Cross
The Keynesian Cross
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<strong>The</strong> <strong>Keynesian</strong> <strong>Cross</strong> 24<br />
Aggregate<br />
Expenditure<br />
Price<br />
Level<br />
110<br />
100<br />
90<br />
C<br />
C<br />
Figure 10<br />
A<br />
A<br />
B<br />
7 8 9<br />
B<br />
Y = AE<br />
AE (P = 90)<br />
AE (P = 100)<br />
AE (P = 110)<br />
Output<br />
Aggregate<br />
Demand<br />
Output<br />
($ trillion)