Wed 6 Jan, 2016 03:45 pm - Hello,
I’m an older guy doing some adjunct work trying to get up to speed on the latest theories. The RBC theory is driving me bats! The RBC models seem extremely complex. I think I can get... (view)
Wed 6 Jan, 2016 03:15 pm - Aggregate Expenditures = C+ I + G + (X-I). These are the components of spending.
Aggregate Demand is the relationship between the price level and C+I+G +(X-I). (view)
