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Use the following to answer questions .
Exhibit: Aggregate Expenditures and Real GDP 1 Use the following to answer questions . Exhibit: Aggregate Expenditures and Real GDP 1   -(Exhibit: Aggregate Expenditures and Real GDP 1)  Let Y = real GDP, AE = Aggregate Expenditures, C = Consumption, I<sub>P</sub> = Planned Investment. Suppose AE = C + I<sub>P</sub>. I<sub>P</sub> is autonomous and the consumption function is C = $1,000 billion + 0.5Y. What is the amount of consumption when real GDP is $6,000 billion? A)  1,000 billion B)  2,000 billion C)  3,000 billion D)  4,000 billion
-(Exhibit: Aggregate Expenditures and Real GDP 1) Let Y = real GDP, AE = Aggregate Expenditures, C = Consumption, IP = Planned Investment. Suppose AE = C + IP. IP is autonomous and the consumption function is C = $1,000 billion + 0.5Y. What is the amount of consumption when real GDP is $6,000 billion?


Definitions:

Hyperactive Bowel Sounds

Increased intestinal activity producing loud, frequent sounds, often indicating gastrointestinal disorder or irritation.

Gastroenteritis

An inflammation of the stomach and intestines, typically resulting from bacterial or viral infection, causing symptoms like diarrhea and vomiting.

Paralytic Ileus

A condition where there is a lack of intestinal movement, leading to a buildup and potential blockage of food material.

Watery Diarrhea

Diarrhea characterized by the frequent passage of clear, watery stools, which can lead to dehydration and electrolyte imbalance.

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