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

question 147

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Figure 13-6 Figure 13-6   -Refer to Figure 13-6. 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. If real GDP produced is $4,000, what is the amount of aggregate expenditures? A)  AE = $4,800 billion B)  AE = $4,000 billion C)  AE = $2,800 billion D)  AE = $2,000 billion
-Refer to Figure 13-6. Let Y = real GDP, AE = Aggregate Expenditures, C = Consumption,
IP = Planned Investment, G = Government Purchases. Further, IP and G are autonomous. If real GDP produced is $4,000, what is the amount of aggregate expenditures?


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