What does equilibrium gdp means how net exports affect


What does equilibrium GDP means?

What happens when there is disequilibrium situation?

When GDP is less than the equilibrium

When GDP is more than equilibrium

What does it mean when at equilibrium, S = I

How net exports affect aggregate expenditure in the economy?

How prosperity abroad affects our exports?

How depreciation of our trading partners’ currencies affects our exports?

How government spending affects aggregate expenditure?

Aggregate Demand

 

What is aggregate demand (AD)?

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