| 单词 | aggregate demand schedule |
| 释义 | aggregate demand schedule A diagram showing for each level of national income the total level of aggregate demand in an economy that would result from it. internal balance in the economy requires that aggregate demand is equal to national output. The horizontal axis shows real GDP; the vertical axis shows aggregate real domestic expenditure. AC shows consumption for each level of GDP. EFG shows total domestic spending for each level of GDP. In a closed economy this is Consumption + Gross Investment + Government Spending on real goods and services; in an open economy it is these plus Exports minus Imports. OFH is a ‘forty-five degree line’, showing where real GDP produces domestic spending equal to itself. The line is so-called because its slope is 45°, provided the same scale is used on both axes. Equilibrium GDP is at YE, where EFG cuts the 45° line. |
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