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Question#1A The following are details of the expenditure of a very small economy. All the autonomous expenditures are given in $ thousand. C = 200 + 0.8Yd I = 10 G = 50 T = 0.05Y X = 40 M = 0.1Y  Derive the aggregate expenditure function, and calculate t

Question#1A

The following are details of the expenditure of a very small economy. All the autonomous expenditures are given in $ thousand. 

C = 200 + 0.8Yd 

I = 10 

G = 50 

T = 0.05Y 

X = 40 

M = 0.1Y 

 Derive the aggregate expenditure function, and calculate the equilibrium real GDP 

 Determine the expenditure multiplier using aggregate expenditure function slop value 

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Question#1A The following are details of the expenditure of a very small economy. All the autonomous expenditures are given in $ thousand. C = 200 + 0.8Yd I = 10 G = 50 T = 0.05Y X = 40 M = 0.1Y  Derive the aggregate expenditure function, and calculate t
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