| 单词 | forty-five degree line |
| 释义 | forty-five degree line A line on an economic diagram showing points at which the amounts on the two axes are equal: in particular, the line showing positions where total expenditure equals total income. This assumes that both axes use the same scale. The position where a curve showing expenditure as a function of income crosses the 45 degree line represents an equilibrium level of income. See also: demand schedule |
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