Texas Education Agency
Texas Gateway: Chapter 11: The Expenditure Output or Keynesian Cross Model
By the end of this section, you will be able to: Explain what the expenditure-output model/Keynesian cross diagram shows and what the equilibrium point on the diagram represents. Analyze the consumption function, investment function,...
Texas Education Agency
Texas Gateway: Chapter 11: Introduction to the Keynesian Perspective
In this chapter, you will learn about the following: Aggregate demand in Keynesian analysis, the building blocks of Keynesian analysis, the expenditure-output or Keynesian cross model, the Phillips curve, the Keynesian perspective on...