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(Assumptions (Private, Closed, GDP = DI, P = Fixed), Model (Equ'm GDP…
Model
Equ'm GDP
Purchase = Income
overproduction
Inventories +
Output -
Leakage > Injection
overspending
Output +
Inventories -
Injection > Leakage
Saving = Planned
Leakage = Injection
Below
Saving < Investment
Above
Saving > Investment
0 Unplanned
Assumptions
Private
Closed
GDP = DI
P = Fixed
Investment
Actual=Planned+Unplanned :small_red_triangle:
Questions
Equ'm GDP vs. Right NRU
