It is the locus of combinations of the interest rate and the level of real national income for which desired aggregate expenditure equals actual national income.So called because, in a closed economy with no government, it also reflects the combinations of the interest rate and national income for which investment equals saving, I=S. In general, it reflects points for which injections equal withdrawals.
Basically, it IS a curve.
c curve & d curve mcb difference
simple curve is a curve which doesnot cross itself,it neednot be closed....... but a simple closed curve is a curve which is simple and also closed. every simple closed curve is a simple curve but not vice versa.
heating curve is hotter than the cooling curve
difference between leaning curve and experience curve
learning curve learning curve
The difference between individual supply curve and the market supply curve is tat individual supply curve is like a firm. To be able to get the market supply curve you have to have the individual supply curve.
the lesser curvature of the stomach is a concave curve
Technically yes; a curve with infinite radius.Technically yes; a curve with infinite radius.Technically yes; a curve with infinite radius.Technically yes; a curve with infinite radius.
That wave is a curve.
a reflecting curve
It's true: a curve is a curve. Did you really need me to tell you that?