Peter Cooper — Short & Simple 18 – Income Determination in a Closed Economy

Summary:
In this and upcoming parts of the series, we will look in a little more detail at the ‘income-expenditure model’. The foundations of the model have been introduced in the previous two parts (here and here)…. heteconomistShort & Simple 18 – Income Determination in a Closed EconomyPeter Cooper

Topics:
Mike Norman considers the following as important: income-expenditure identity, income-expenditure model

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