Income Aggregate Expenditures (C + I + G)
$800 $1300
$1800 $2050
$2800 $2800
$3800 $3550
$4800 $4300
$5800 $5050
5. Line up this AE/AP graph above a production graph. Demonstrate with a dotted line that there is a recessionary gap where potential output is $4800.
Income Aggregate Expenditures (C + I + G) $800 $1300 $1800 $2050 $2800 $2800 $3800 $3550...
The aggregate demand function: v =C+I+G - 500 +0.75Y 1000 2800 2000 is plotted on the graph to the right. The graph also shows the 45" line where aggregate output Yoquais aggregate demand for all points. What happens to aggregate output if goverment spending rises by 100? Yodec 2400 2200 2000+ 1800 $1600 The equilibrium level of output nearest billion.) by $ billion. (Round your response to the Consumption Expenditure, C (5 billions) 1400 rises 1200 1000 falls 20045 0...