( hapten + CEPZO
jegate Demand age rs
Pelosteal
Number 6 Chapter — 3
| Uueightage of sani os ne
ie An pg pi
"Ap 1 AS and Relatrol lomept - i!
ae Income Detumunation anol TnL tL pad
ae €xess Demancl ancl? jonpiitel "Demand .
enpngrck, Saat al
Cool us josey fp by th TM: apis
eee
Keynes beleined that employment anc
| gneeme | are depurolent | rr efpgetive demonel:
Lo te
py
eee egal
the Neat tenets teonbmist
La om (ene spouibiily y outoreall
Vin as
— Aaya Demansl [Ae] ” Om—=0)
a _© =
Sn
D means tohal olemand & geod Uf a Seauiees an
2 fiat “peo tn an Sanam
| AD mecsurecl [ree poled y time Sit i
| 2 plows ang
: |
wl
@ie @L @
ToT $ L
G
: Sh OOS Cee
Lid So sreons pausote | housenotol Centiump.
Tp dal ot pulse yo
“taps Anusshatel ore cre
s+ Lt > “Tl? means Lruestment oe Tae
I truestment demand - “St is the Hotal | BS
Areurrecl iy ott thi paruacle pom Eee
aes i Lp
- / ~ Guout eee poe f sustes HS the
copia fen _ 7 4. RM = f+ means ref enponts + St Ayess to
1 by Aest of the wiortel | Ht us dl
Net experts = eee ene
+ the net demand sor cemestet and Seu)
GS iynpianes Behaiulth yi Ipanitonie [ Feartinty
)
AD Aas 2 component = AD = +1
LAD con nem be O [xo]. Thre alc Seme
re ee ed
|b Aneun 04 autonemous t
[Tie stepe
iris oi be heat ee
A
nents ith ip rahe OT tat.
PAD" tune «Starts prom bus the, origin. face. ie
«on reuth be 0 Troe) *
rene
= =D
RG Spey TAS
St metons the \unlie al
[al aut te piatabl aa [oa
tied poke
pie EE
pa
Note =| “AS = NI = Natiiral output eytibarim haul /Y
we A#now that the value ar toto Dep
_ is distributed to La ee i
Vraloat ond pag
' sae aah Weta bad A unceme ts NE»
bo4 i NPE
[ue can day AS
ND. ; 7 J] why AS i 45° Une?
* oR
he Explain the Su yceanee 45° bine in Kegritton be)
OF ORs Fs
what i the Supraguearst: of #5° tine in Matro
oY OR -
liny AS alwwue Aaoes Ake a hoy y Wight
dros The $5" pling 6 a guide Links tis alto frown
aha -bepaanzint tine it Ushous the cb fu
“| denaumptioin Expr is tore’ than, peal fo oh dead
ATHLONE»
faba
— Nig,
2 hep el
i
H
|
i
: A Sy rg gant
> i
——_ "TT APS MPS
| > APC [fueiage
| Propensity to” . 2
i Consume
ae thon —
| MPC [Marginal 7
| Prop [Revginal a
Gani —_
SS
Mainly “Ustse ake 2 utanks
—Lonstumnpticon 7S Suing
tora a jenn — Ht Shows the
fee api a ta Exp:
——
Apc [runage Propensity to tortie]
“MPC MaXyinad Prepay 2 consume |]
APE — A pays i 9a pale gy enbiinplabe
PSE fl Prepputies | Festa wf APC
Ape 2d D> wher sensi Exp:_exeeedls
Eneome than APC > 1- | apc aa => Uther consump « Lest »_intome,
4: || AP ae uth: thi
| ape = 4 =S At break ener Lewel Contump: = Ines,
increase i kiene = St
ta. prapestion: of trent Ape or
fap fy | Ponpte deniel to» Saue more]~
tro wan ream be 0 D Biase tc pp Aten nave,
unrcemé becon ‘Urhen
Tr bee: Onniat {oe
Eneome Lb O
“fs 1
oN
ez
U
Biaak Even Point =>* FS pelt we sob
| ts egal to sncome- dt this’ point Sanimgs _|
| becorne ero |
| :
—
fh: HEL SH igen tepals
=> heneunp: to ie ge Dade
|
iz Me Ae
i ay -
— LEY | Te ae worrtes bf i = Hu
ental (neome is either Apert ore
OA StuULeol jo f tune —
OY ik entire ablotional trteme 4th
Consumed thani AS 50 ond MPC = Le
© ke ote ait Tom dave ton
Pa Oo ancl MPC =O
MPC 4 pee pusen ib Tree thar hth D bor
poet Faciarn, dena. gusts: smotrt 4 We
ee
“inredsecl Uiceme on! Lendump- ds
o
bast reecls. Aemodre (eo: an thy oth
Saini
° rene te with the Grease Un Lreome boon |
we
8 Handlrny oy Corin TAS Sot
5 MOKes
Uther othe aclolition income U5 torture Phun
Mpcz 1 hue, 4¢ eral
then nl tig Gane Edad Ba
Hee 20 Aue 40 *° Seee eee eeeeee
ie ett entie aololetibral freeme é Puetthor
Cae Seuneol “Heap Situation. Wil b6-
er eI _ L
“i MS consumps Anal tontumpe fuanclior au thy Same
: No) both are oopenenit Corsump- ayer to the
thing 5
tt
onbunt
Gntornb uthith is Spend eri ths purchase —
71 t
enteme er thy other
7 :
Gps fot yuusn hued )
» honel Loreump- sana naps Baty Jelation Fa
Lersumpteon andl Lreome+
| Consumpbor, functor Equation :
pe hee, :
| Ge Corsump tier Experolitine |
| ee dutonemsus ‘consumplion
[pee MPC ]
i ¥ oz SIneorme
bY oz : «| Srdsteel consumption — Hopss to the
Lersimb. urhath L4 olttermine by thy Lowel
| tneeme unea oe
j= |
C => Uthen income i 0 dhe willl be Same
Conump: it pnewn a4 dutonemous Consup:
Taente farttingl Ulatiorak Be |
trebme Ht ts also natin, a5
? My to soe *
iu a
aps" dubsage Parpsiy fe tout]
[MPs
OS ,
= . wi BY : ay |
i Heme’ yo Fo
(nee g APS aT
Prue o consump: une ancl
ey
| Datualon
ie pe amar
OR
Faeuing! eusue I fru tha rm ue 1 ts thy Creore ture
[stil tne] anclicular cLourrurarol
[fcc ths consumption twue beth interseet ot
pont E Luhich 1s break wun point Hwy,
Censump ftitind the yah’ dt ina a
dthith Couch TXT ants at point Me Utkin
dreome Us 0 fidernt” “Lerium and! Hes “wendump
: ts post outings of tly Ceonsumu.
Sally alt pal Stem Ouis .
fre ths Same Wlistante af wihlth cord
aurure Starts - pe (442) ye ants ue
dA cere Q@ strong het luhtths fae fern
that pact here vertical Line Aowdhs jas
hr usue Stars ror 8 of qaws
cad ag ALLE *
Drown] Deine a 6 nr
Se ee
oe ae ov cis
Y+o +—-@M
C= c + bY
of C in O ten
So
Y-¢
g$ 2°04 peta]
! oy Ye by
| ge" TH 4- bY
! $= =C ¥¥ Lurb
P t Fe
pow TS eet C5) Y ; :
|
aa
We Brow that».
ee
put th wales
from hau
ap
Y=ets ;
¢ 4Y-5s =o: :
C+ [rb]y
: BML ofS” in bg. _
—$ Thue 4 truerse Athationship hiv ROL
| andl value af Frttmant |
lH ———
| a estan ok propel
“id 5 E an
es X= Ante anolby- =
iC
lied
| Ex Ante io — a to thy amaurt t
jane bP agent 2
| Ex = Peak Surge - — ie PIE ty acto
oA Aealised in th. a
Ga dum ral 94 Paes ee clemand and ROL
7 fae Post Sruestrnend — Sh Mp bo sth cxtia/
=) mm Aealiseal Uw. unl the union it
|B th Sum toll 4 ae and unplantiel fu
C
| fay \
; [= b \ |
H Volunte -Lonneol
tab
\ ment fh’ Uns rmrartt
#, Eplagmunt _Unerpieg
{i f -
full Employ « others
Je fa
He l —
t
willing Xo ugk ah stu uae Ante l fxctiral tramp: = Hip
+ d Fentacl aiken wher ‘a BA eae rae
ie ard! joer another 1 9b
Structural Unempl: ——~ The unemb: enhich
burs due to thy stuutural
in thr woenemy * oye
+l Due to AAs crliatassctbns of many dein
Volurtny Unimp+ — ee
U Situation usher a lpr 4
nip ee et
at _tlloeg yp at maakhe-
; of Jot
Uho we. ig to work pble £0 work
[et ee outst! wage tab st ole nat ph weak
Sas lp
|
} #4 _$ a 45
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me
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| = G. tb Fe
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