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Term Of The Hour

income aggregate expenditure: Original post by Ryan Menezes of Demand Media As GDP rises, consumption automatically increases. http://photos2.demandstudios.com/DM-Resize/photos.demandstudios.com/getty/article/81/211/78630097.jpg?w=700&h=700&keep_ratio=1 Jupiterimages/Pixland/Getty Images The equilibrium income of an economy is the point where consumers' expected spending matches their actual spending. In other words,…

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