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Use the Following to Answer Questions

Question 109

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Use the following to answer questions .
Exhibit: Aggregate Expenditures Curve
Figure 13-6 Use the following to answer questions . Exhibit: Aggregate Expenditures Curve Figure 13-6 -(Exhibit: Aggregate Expenditures Curve) Let Y = real GDP, AE = Aggregate Expenditures, C = Consumption, I<sub>P</sub> = Planned Investment, G = Government Purchases. Further, I<sub>P</sub> and G are autonomous. What is the equation of the aggregate expenditures curve? All figures in billions of dollars. A) AE = G + I<sub>P</sub> B) AE = 800 + G + I<sub>P</sub> C) AE = 800 + G + I<sub>P </sub>+ 0.5Y D) AE = 800 + 0.5Y
-(Exhibit: Aggregate Expenditures Curve) Let Y = real GDP, AE = Aggregate Expenditures, C = Consumption, IP = Planned Investment, G = Government Purchases. Further, IP and G are autonomous. What is the equation of the aggregate expenditures curve? All figures in billions of dollars.


A) AE = G + IP
B) AE = 800 + G + IP
C) AE = 800 + G + IP + 0.5Y
D) AE = 800 + 0.5Y

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