Question

What does \[\overline{A}\] represent in \[Y=\overline{A}+cY\]?

विकल्प

• Autonomous Investment only

• Total Autonomous Expenditure

• Actual Output

• Aggregate Demand after taxes only

Answer 1

\[\overline{A}\] denotes Total Autonomous Expenditure. It summarizes the autonomous expenditure part of the equilibrium equation.