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You can calculate aggregate saving by using the power of compounding. The earlier you start saving, the faster you can aggregate or compound your existing savings in the bank.

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The demand and supply conditions of a product are represented by the following equations Aggregate Demand Q equals 15-0.3P Aggregate Supply Q equals 5- 0.1P Calculate the equilibrium price?

aggregate demance=Q=15-0.3p and aggregate supply =5-0.1p calculate the equlibrium price


How do you calculate the value of household saving?

formula household saving


How do we calculate IS equilibrium of national income?

IS equilibrium in national income is achieved when the total output (income) in an economy equals total spending (expenditure). This is represented by the IS curve, which shows the relationship between interest rates and income where investment equals saving. To calculate it, we set the aggregate demand (consumption + investment + government spending + net exports) equal to the aggregate supply (national income) and solve for the income level. At the equilibrium point, any changes in interest rates will shift the IS curve, resulting in a new equilibrium income level.


What is meant by aggregate demand and aggregate supply?

Aggregate simply means a collection of things. So aggregate demand is the total quantity of an economy's final good and services demanded at different price levels. Aggregate supply is the total quantity of final goods and services that firms in the economy want to sell at different price levels. These are used primarily in Macroeconomics to calculate how the economy is doing as a whole.


What is an economic leakage?

When supply of money is contact with high saving . In other words we can say the saving is grater than investment .Consequences is high employment , price falls , low of aggregate demand . For better explanation you can help from Tutorpace

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