4 ms·
"this is good" It means others cannot earn an income, therefore they cannot demand output, therefore it is not produced therefore there is no job for them. Ag
by neilwilson 5y ago
"this is good"
It means others cannot earn an income, therefore they cannot demand output, therefore it is not produced therefore there is no job for them.
Aggregate demand = Aggregate Supply, and there is no such thing as a 'market for loanable funds' because saving is just the accounting record of investment. A historic record, nothing more.
Once you start at loans as the starting point and follow the geometric progression of spending and earning you find that saving reduces transaction numbers.