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Is an excellent instance of a passionate optimisation status, and the setting \(f(x,y)\) is known as the prospective form. The fresh axes of the diagram is the done results (otherwise real GDP) on the x (horizontal) axis and you can aggregate consult (aggregate costs or desired demand) for the y (vertical) axis. The new Keynesian multiplier construction is frequently graphically illustrated on the the fresh Keynesian cross drawing.
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