National Income Behavior: An Introduction to Algebraic Analysis

acceleration principle according adjustment algebraic assets assume AY/Aa behavior C+I+G Chap consequently considered constant consumption equation corresponding denominator denote depends derived demand difference disposable income dynamic compatibility economic effect equa equal equation system equilibrium value exceeds exports expression firm follows given value greater hypothesis identical imports income effect increase incremental ratios independent variables inequality initial interpretation inventory accumulation involved less level of income linear marginal ratio ment multiplier national income national-income necessarily numerator obtain original equations oscillation parameter values particular value period price level problem production profits rate of change rate of investment receipts relationship represented right-hand side rise satisfy shift solution values solve stability condition static analysis substitute suppose T₂ tax-income taxes three variables tion tive transfer payments unstable value of G value of Y wages zero Δα ΔΙ ΔΤ