Use the Following to Answer Questions

question 150

Multiple Choice

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_P = Planned Investment. Suppose AE = C + I_P. I_P is autonomous and the consumption function is C = $1,000 billion + 0.5Y. If real GDP = $5,000 billion, what is the amount of aggregate expenditures?

• A) $4,500 billion
• B) $5,000 billion
• C) $5,500 billion
• D) $6,000 billion

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Definitions:

Teamwork

The collaborative effort of a group to achieve a common goal or to complete a task in the most effective and efficient way.

Informal Groups

Groups that form naturally among individuals within an organization based on shared interests or friendships, rather than being officially structured.

Physical Layout

The arrangement of the physical elements in a space, such as furniture, equipment, and other items, affecting how people interact within the space.

Leadership Practices

The actions and behaviors displayed by leaders to guide, motivate, and manage organizations or teams.