The aggregate demand function includes:
A. past expenditures.
B. actual expenditures.
C.planned expenditures.
D.expected expenditures.
Answer
Option C
C.planned expenditures.
aggregate demand function includes planned expenditure so if there is an unplanned inventory then that is below or above the curve and not on the curve.
The aggregate demand function includes: A. past expenditures. B. actual expenditures. C.planned expenditures. D.expected expenditures.
1. The quantity of output supplied at different price levels is represented by the a. production function.b. aggregate demand curve.c. aggregate supply curve.d. aggregate expenditures curve.
EXPLAIN HOW THE AGGREGATE DEMAND AND AGGREGATE SUPPLY MODEL DIFFER FROM THE AGGREGATE EXPENDITURES MODEL
Shifts in the aggregate demand curve: A. do not reflect autonomous or induced changes in expenditures. B. reflect only autonomous changes in expenditures. ° C. reflect only induced changes in expenditures. D. reflect both autonomous and induced changes in expenditures.
Exhibit 8-8 Aggregate expenditures function Real consumption and Investment expenditures (trillions of dollars per year) om 0 1 2 3 4 5 6 7 8 9 10 Real disposable income (trillions of dollars per year) 23. In Exhibit 8-8, what is the households' marginal propensity to consume (MPC)? 20.5. c. 0.8. b. 0.75 d. 1. 24. Using the Keynesian aggregate expenditures model, which of the following is true? a Macro equilibrium may occur at levels of real GDP other than...
Figure: Aggregate Expenditures Curve III 3. Aggregate expenditures (per year) 45-degree line AE $800 $3.200 Real GDP (per year) . (Figure: Aggregate Expenditures Curve IlI) According to the figure Aggregate Expenditures Curve III, suppose that the economy is at the equilibrium real GDP of $3,200. Suppose that the consumption function in this figure rises by $100. What will the new equilibrium real GDP be? Show your work. Figure: Aggregate Expenditures Curve III 3. Aggregate expenditures (per year) 45-degree line AE...
Both approaches-Keynesian and monetarist-are ways of analyzing a. aggregate supply. b. aggregate demand. c. the average price level. d. government spending and expenditures.
Please determine what the aggregate expenditures equation/function is based on the data provided in the table. Please show your calculations/work. income expenditures 0 500 1000 900 2000 1300 3000 1700 4000 2100 5000 2500
tion 5 of 12 Complete the graphs by moving the labels for aggregate expenditures (AE), aggregate demand (AD), aggregate supply (AS) (PL), the equilibrium price level (PLeq), real domestic output (GDP), and equilibrium real GDP (GDP eq) the the appropriate places Answer Bank AS GDP AE PL.
Income (Y) Consumption (C) Investment Expenditures (I) Government Expenditures (G) Net Export Expenditures (NX) Aggregate Expenditures (AE) $8000 12400 2000 3000 -1000 10000 14000 2000 3000 -1000 14000 17200 2000 3000 -1000 20000 22000 2000 3000 -1000 30000 30000 2000 3000 -1000 50000 46000 2000 3000 -1000 80000 70000 2000 3000 -1000 b.) Show the equilibrium income with the help of graph by taking income demand on the horizontal axis and AE on the vertical axis.
(Intermediate Macroeconomics) 2.The aggregate supply function be ys=2000+P, and the aggregate demand function be yD=2400-P。Find the equilibrium point between supply and demand.