Re: simple keynsian model

Posted by vishakha on Jul 23, 2011; 2:21pm
URL: http://discussion-forum.276.s1.nabble.com/simple-keynsian-model-tp6609876p6613724.html

as far as slope (c) is concerned i got it now.......u mean to say that for AD to intersect 45 degree line it must be steeper (ie >1)than 45 degree line(slope =1)...otherwise if its flatter (<1)then it wouldnt intersect 45 degree line in 1st quadrant.....so c>1 in this case......right????????