The Keynesian Cross
The Keynesian Cross
The Keynesian Cross
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<strong>The</strong> <strong>Keynesian</strong> <strong>Cross</strong> 25<br />
Aggregate<br />
Expenditure<br />
Price<br />
Level<br />
100<br />
45º<br />
A<br />
A<br />
Figure 11<br />
D<br />
D<br />
8 8.5<br />
Y = AE<br />
AE (P = 100)<br />
2<br />
AE (P = 100)<br />
1<br />
Output<br />
AD 2<br />
AD 1<br />
Output<br />
($ trillion)
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