November 23 2020 | Modern Money Theory: Week 3 | Back Next |
Now we can say:
GDP ≡ C + I + G + (X - M)
Stable ??? Stable Stable
So if GDP is unstable, where is the source of its instability?
GDP ≡ C + I + G + (X - M)
Unstable Stable ??? Stable Stable
Only category left: Investment spending (I)
Home Last TOC | Copyright © 2020 James E Keenan | Back Next |