Re: DSE 2010 doubt

Posted by ElPsyCongroo on Jun 21, 2017; 8:42am
URL: http://discussion-forum.276.s1.nabble.com/DSE-2010-doubt-tp7605983p7605992.html

Write out the equation for income determination THOUGH, from the Keynesian point of view I mean, C+I+G, you'll realize C increases after the change because more income is in the hand of the worker and he consumers more, this in turn will eventually lead to a change in equilibrium income.