Answer Parts (A)-(E)below on the Basis of the Following Table

question 34

Essay

Answer parts (a)-(e)below on the basis of the following table.
$$\begin{array} { | r | r | r | c | } \hline \begin{array} { c } \text { Income } \\( Y )\end{array} & \begin{array} { c } \text { Change } \\\text { in } \\\text { Income }\end{array} & \begin{array} { c } \text { Aggregate } \\\text { Expenditures }\end{array} & \begin{array} { c } \text { Change in } \\\text { AgEegate } \\\text { Exgenditures }\end{array} \\\hline 0 & & 500 & \\\hline 500 & & 950 & \\\hline 1,000 & & 1,400 & \\\hline 1,500 & & 1,850 & \\\hline 2,000 & & 2,300 & \\\hline 2,500 & & 2,750 & \\\hline 3,000 & & 3,200 & \\\hline\end{array}$$ (a)Fill in columns (2)and (4).
(b)What is the value of autonomous expenditures?
(c)What is the mpe?
(d)What is the AE equation?
(e)Draw a picture of the AE curve.

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Definitions:

Variable-Interval

A reinforcement schedule in which a reward is given after a random duration of time has elapsed following a response.

Fixed-Interval

In this reinforcement strategy, rewards are only allocated for the first response following a specified duration.

Fixed-Ratio

A reinforcement schedule wherein a reward is given after a predetermined number of responses have been made.

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