For each of the following, state the level of autonomous expenditures and induced expenditures.

(a) Given the following table and income equal to $200.
(b) Given the following expenditures function AE = $4000 + 0.6Y and income equals $1000.

Question

For each of the following, state the level of autonomous expenditures and induced expenditures.
  
(a) Given the following table and income equal to $200.
(b) Given the following expenditures function AE = $4000 + 0.6Y and income equals $1000.

Quizplus · Accepted Answer

The Answer of For each of the following, state the level of autonomous expenditures and induced expenditures.
  
(a) Given the following table and income equal to $200.
(b) Given the following expenditures function AE = $4000 + 0.6Y and income equals $1000.

For Each of the Following, State the Level of Autonomous