answersLogoWhite

0


Best Answer

Its a line lol

A guideline used in Keynesian economics in conjunction with the consumption line (to derive saving) and the aggregate expenditures line (to identify Keynesian equilibrium). This guideline forms a 45-degree angle with both the horizontal income axis and the vertical consumption expenditure (or aggregate expenditures) axis in the Keynesian graphical analysis.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar
More answers
User Avatar

AnswerBot

7mo ago

In economics, the 45-degree line represents equality between two variables, typically income and consumption. It shows where the values of the two variables are equal, meaning that when a point is on the line, income equals consumption. This line is used in macroeconomic models like the Keynesian Cross to analyze the relationship between income and spending.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the 45 degree line in economics?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the slope of 45 degree line?

1


Where would you find a 45 degree angle?

Find a square and draw lines on the diagonals. The angle between a diagonal line and side line is 45 degree.


Whay does a 45 degree angle look like?

A 45-degree angle looks like half of a 90-degree angle. It looks exactly like one straight line with one horizontal line of the bottom, similar to half a square.


How many 45 degree angles can make a straight line?

It takes four times because 45+45=90+45=135+45=180. So all of those angles can make a straight line.


Each Y value equals the corresponding X value on a 45 degree line?

45 degrees with respect to what?


How long does it take to get a master's degree in economics?

is an economics degree 2 or 4 years?


What is miter line?

A miter line is a 45 degree line draw between the top view and right side view by extending out a line on both view and connecting them. From that connection make a 45 degree line. Then you can copy line from the top view and bring them over to the miter line and make a mark. Then copy it down to the right side view vise versa.


What is a miter line?

A miter line is a 45 degree line draw between the top view and right side view by extending out a line on both view and connecting them. From that connection make a 45 degree line. Then you can copy line from the top view and bring them over to the miter line and make a mark. Then copy it down to the right side view vise versa.


What is the slop of a 45 degree line?

One, as that 90 degrees equal a slope of 0.


What is a degree in finance?

Economics


Why does an economics degree outweigh a business degree?

One does not outweigh the other because of their cohesiveness. All we can say is a degree in economics is more specific than a general business degree.


What continents touch the 45 degree east line?

The four continents that touch the 45 degree east line is Antarctica, Africa along the east side through the counties of Somalia, & Ethiopia , Asia through Saudia Arabia, & Russia, and Europe through Yerevan.