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Without using a calculator,solve the following problem:
Planned Investment
Expenditures that businesses intend to make for the purposes of capital improvements, equipment, or inventory.
Imports
Goods and services purchased from foreign producers by a country’s residents.
U.S. Income
This term describes the total national income earned by residents and businesses within the United States, comprising wages, rents, interest, and profits.
Aggregate Expenditure Line
A curve or line that depicts the total spending (consumption, investment, government spending, and net exports) in the economy at different levels of income.
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