TERMIUM Plus^®

Record 1,  Textual support,  English

Record number: 1, Textual support number: 1 CONT

The equilibrium output is the point where planned aggregate expenditure is equal to national income(output).  2, record 1, English, - equilibrium%20output

Record 1,  Textual support,  French

Record number: 1, Textual support number: 1 CONT

L'analyse qui détermine la production d'équilibre en reliant le revenu […] aux dépenses globales est appelée analyse revenu-dépenses.  2, record 1, French, - production%20d%27%C3%A9quilibre

Record 1,  Textual support,  Spanish

Record 2,  Textual support,  English

Record number: 2, Textual support number: 1 CONT

The equilibrium level of national income must be at the intersection of the saving and investment schedules... or what is exactly the same thing, at the intersection of the consumption-plus-investment schedule...  1, record 2, English, - equilibrium%20level%20of%20national%20income

Record 2,  Textual support,  French

Record 2,  Textual support,  Spanish

Record 3,  Textual support,  English

Record number: 3, Textual support number: 1 CONT

... it must always lead to exactly the same equilibrium income as does the saving-and-investment approach.  2, record 3, English, - equilibrium%20income

Record 3,  Textual support,  French

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Record 4,  Textual support,  English

Record number: 4, Textual support number: 1 OBS

Many books have been written on this subject of equilibrium income determination, and it is only in the last few decades that economists have learned how to separate truth and falsity of both extremes. The next 100 pages will deal with this important question, in its relation to... banking... policy.  2, record 4, English, - banking%20policy

Record 4,  Textual support,  French

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Record 5,  Textual support,  English

Record number: 5, Textual support number: 1 OBS

Changing all prices and income in exactly the same proportion leaves equilibrium quantities demanded quite unchanged.  1, record 5, English, - equilibrium%20quantity%20demanded

Record 5,  Textual support,  French

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Record 6,  Textual support,  English

Record number: 6, Textual support number: 1 OBS

This chapter and the next one outline the modern theory of income determination(...), how consumption and investment interact to determine the equilibrium level of national income at full employment, below full employment, or over-full-employment inflationary conditions; and how each dollar change in investment leads to more than a dollar(...) change in NNP.  1, record 6, English, - modern%20theory%20of%20income%20determination

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Record 7,  Textual support,  English

Record number: 7, Textual support number: 1 OBS

(...) we can use our consumption + investment + government spending schedule and look for income equilibrium where the C+I+G schedule just intersects the 45 ° helping line.  1, record 7, English, - income%20equilibrium

Record 7,  Textual support,  French

Record 7,  Textual support,  Spanish

Record 8,  Textual support,  English

Record number: 8, Textual support number: 1 OBS

Many books have been written on this subject of equilibrium income determination, and it is only in the last few decades that economists have learned how to separate the truth and falsity of both extremes.  1, record 8, English, - equilibrium%20income%20determination

Record 8,  Textual support,  French

Record 8,  Textual support,  Spanish

Record 9,  Textual support,  English

Record number: 9, Textual support number: 1 OBS

A thoughtful reader may still want to know more about why the equilibrium level of income will have to be at the intersection of the saving and investment schedules.  1, record 9, English, - equilibrium%20level%20of%20income

Record 9,  Textual support,  French

Record 9,  Textual support,  Spanish

Record 10,  Textual support,  English

Record number: 10, Textual support number: 1 CONT

Thus, it is completely clear that income cannot permanently be maintained higher than the equilibrium level-the level where the amount of saving that people want to do is matched by the amount of investment businessmen are willing to maintain.  1, record 10, English, - equilibrium%20level

Record 10,  Textual support,  French

Record 10,  Textual support,  Spanish