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Figure 13-5 -Refer to Figure 13-5. Let Y = Real GDP, AE

question 161

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Figure 13-5 Figure 13-5   -Refer to Figure 13-5. Let Y = real GDP, AE = Aggregate Expenditures, C = Consumption, I<sub>P</sub> = Planned Investment. Consider a simple economy where AE = C + I<sub>P</sub>, I<sub>P</sub> is autonomous And the consumption function is given by C = $1,000 billion + 0.75Y. What is the value of consumption when real GDP is $6,000 billion? A)  $1,000 billion B)  $2,500 billion C)  $4,500 billion D)  $5,500 billion
-Refer to Figure 13-5. Let Y = real GDP, AE = Aggregate Expenditures, C = Consumption,
IP = Planned Investment. Consider a simple economy where AE = C + IP, IP is autonomous
And the consumption function is given by C = $1,000 billion + 0.75Y. What is the value of consumption when real GDP is $6,000 billion?

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Biogeographical

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Cenozoic Era

The current geological era, beginning 66 million years ago, following the mass extinction of the dinosaurs and characterized by the rise of mammals.

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Scientific study of similarities and differences in body plans.

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Evolutionary pattern in which similar body parts (analogous structures) evolve separately in different lineages.

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