Answer the questions below:
(A)
(B) Esinin what the exadenditur line measures and how it is derived.
(C) Eoglnin how the 45 -cegree line and the exgenchiture line can be cambined to find the paint of spending balance.
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Q123: Suppose the expenditure line is given by
Q131: When spending equals income, people consume according
Q132: If spending as given by the expenditure
Q133: Spending balance exists if
A)the economy is at
Q134: Exhibit 23-5 Q135: Spending balance occurs when people consume according Q135: Answer the questions below:![]()
(A) Plot
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