Figure 13-6 -Refer to Figure 13-6. Let Y = Real GDP, AE

question 181

Multiple Choice

Figure 13-6
-Refer to Figure 13-6. Let Y = real GDP, AE = Aggregate Expenditures, C = Consumption, JI_P = Planned Investment, G = Government Purchases. Further, I_P and G are autonomous. What is the level of autonomous aggregate expenditures?

• A) $800 billion
• B) $1,000 billion
• C) $1,600 billion
• D) $3,200 billion

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