What does the 45 line in the 45-line diagram represent? What are the variables on the x-axis

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What does the 45° line in the 45°-line diagram represent? What are the variables on the x-axis and on the y-axis of the macroeconomic 45°-line diagram?

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Economics

ISBN: 9780135957554

8th Edition

Authors: Glenn Hubbard, Anthony Patrick O Brien

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Question Posted: Oct 13, 2023 02:17 AM

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What does the 45 line in the 45-line diagram represent? What are the variables on the x-axis

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In macroeconomics the 45 line diagram is a simple graphical representation used to depict the equili...View the full answer

Economics

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