Equilibrium National Income
Equilibrium National Income

Equilibrium national income is the level of national income at which total injections equal total leakages. At this point, national income has no tendency to rise or fall.
Step-by-step lessons on CIE Intl A Level Economics 4.2.3 equilibrium and disequilibrium (marginal and average propensities not required). Each one builds up to exam-style questions.