Question

The table shows real? GDP,

Y?,

consumption? expenditure,

C?,

?investment,

I?,

government expenditure on goods and? services,

G?,

?exports,

X?,

?imports,

M?,

and aggregate planned? expenditure, and

AE?,

in millions of dollars. Taxes are constant.

If investment crashes to? $0.55 trillion but nothing else? changes, what is equilibrium expenditure and what is the? multiplier?

Homework: Chapter 14 Save Score: 0 of 1 pt 17 of 25 (19 complete) HW Score: 76%, 19 of 25 pts Chapter Problem5 Question Help * The table shows real GDP, Y, consumption expenditure, C investment, I, government expenditure on goods and services, G exports, X, imports, M, and aggregate planned expenditure, and AE, in millions of dollars. Taxes are constant Planned expenditure AE 2.0 1.75 1.0 1.25 0.0 60 Q 1.75 1.0 125 0.4 6.8 4 4.4 1.75 1.0 125 0.8 7.6 6 5.6 75 1.0 125 1.2 8.4 8 6.8 75 1.0 125 1.6 9.2 10 8.0 75 .0 125 10.0 2 If investment crashes to $0.55 trillion but nothing else changes what is equilibrium expenditure and what is the multiplier? Equilibrium expenditure is Smillion. 12 9.2 1.75 1.0 1.25 2.4

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