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Year 1 Macroeconomics
How the Macroeconomy Works
Changes in injections & withdrawals on national income.
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The effect of changes in injections and withdrawals on national income:
If injections are
greater
than withdrawals then national income will rise
If Injections are
less
than withdrawals then the level of national income will fall
The effect of changes in injections and withdrawals on national income:
If
injections
are greater than
withdrawals
then national income will
rise
If
Injections
are less than
withdrawals
then the level of national income will
fall
The effect of changes in injections and withdrawals on national income:
If injections are
greater
than withdrawals then national income will
rise
If Injections are
less
than withdrawals then the level of national income will
fall