Refer to the information provided in Figure 8.12 below to answer the questions that follow. Figure 8.12
-Refer to Figure 8.12. What is the equation for aggregate expenditure AE1?
A) AE1 = 1,000 + 0.5Y.
B) AE1 = 600 + 0.4Y.
C) AE1 = 1,000 + 0.6Y.
D) AE1 = 400 + 0.4Y.
Correct Answer:
Verified
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