This video is about determination of consumption curve and the nature of consumption curve. After knowing the properties of consumption curve we can determine Aggregate demand curve. Concept of 45 degree line is introduced to understand that how to compare between the variables at x axis and y axis.
Thursday, October 19, 2017
Determination of Equilibrium level of Income Output and Employment--- Consumption Function
This video is about determination of consumption curve and the nature of consumption curve. After knowing the properties of consumption curve we can determine Aggregate demand curve. Concept of 45 degree line is introduced to understand that how to compare between the variables at x axis and y axis.
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