Concept
Version 5
Created by Boundless
Defining Aggregate Expenditure: Components and Comparison to GDP
Aggregate Expenditure
This graph shows the aggregate expenditure model. It is used to determine and graph the real GPD, potential GDP, and point of equilibrium. A shift in supply or demand impacts the GDP.
Source
Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:
"Keynesian cross and growth in expenditure."
http://en.wikipedia.org/wiki/File:Keynesian_cross_and_growth_in_expenditure.png
Wikipedia
CC BY-SA.