Interpret each of the three ways of writing the condition for equilibrium income in the simple Keynesian

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Interpret each of the three ways of writing the condition for equilibrium income in the simple Keynesian model [equations (2), (5)., and (6)]. Explain why the three ways are equivalent.

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Macroeconomics Theories and Policies

ISBN: 978-0132831529

10th edition

Authors: Richard T. Froyen

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Question Posted: May 24, 2016 06:43 AM

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Interpret each of the three ways of writing the condition for equilibrium income in the simple Keynesian

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