Determination of national income. Graphics

Let us consider how it is possible to display and study the main elements of the mechanism for determining national income, based on the principle of effective demand, with the help of graphs. Somewhat simplifying, the principle of effective demand refers to the provision according to which, for sufficiently short periods of time at which […]

The system of macroeconomic proportions and their balance

The most important characteristic of the national economy is the existing macroeconomic proportions – quantitative and qualitative relationships between various divisions and spheres of social production, industries, territorial-production parts of the national economy. Each type of national economy has its own characteristics of the formation of macroeconomic proportions. In a planned regulated national economy, they […]