Refer to the information provided in Figure 23.12 below to answer ...

[bucstennis@aim.com]

Question 1

Assume there is no government or foreign sector. If the multiplier is 4, a $20 billion increase in investment will cause aggregate output to increase by

◦ $5 billion.
◦ $20 billion.
◦ $40 billion.
◦ $80 billion.

Question 2

Refer to the information provided in Figure 23.12 below to answer the question(s) that follow.










Refer to Figure 23.12. What is the equation for aggregate expenditure 
AE
₁?

◦ AE
₁ = 1,000 + 0.5
Y.
◦ AE
₁ = 600 + 0.4
Y.
◦ AE
₁ = 1,000 + 0.6
Y.
◦ AE
₁ = 400 + 0.4
Y.

[wtf444]

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Only 49% of students answer this correctly

[bucstennis@aim.com]

Thank you!

[wtf444]

Always glad to help...

[ahriuashd]

Question 1

Refer to the information provided in Figure 23.12 below to answer the question(s) that follow.










Refer to Figure 23.12. Suppose 
AE
₁, 
AE
₂ and 
AE
₃ are parallel. What is the value of Point 
B?

◦ $750 million
◦ $800 million
◦ $900 million
◦ cannot be determined from the given information

Question 2

Refer to the information provided in Figure 23.12 below to answer the question(s) that follow.










Refer to Figure 23.12. Suppose 
AE
₁, 
AE
₂ and 
AE
₃ are parallel. What is the value of Point 
A?

◦ $450 million
◦ $510 million
◦ $540 million
◦ cannot be determined from the given information

[Mholman93]

Answer 1

$900 million

Answer 2

$450 million

[nramada]

Question 1

Refer to the information provided in Figure 23.12 below to answer the question(s) that follow.










Refer to Figure 23.12. Suppose the economy's aggregate expenditure line is 
AE
₁. A $10 million increase in planned investment causes aggregate equilibrium output to increase to

◦ $1,010.0 million.
◦ $1,016.7 million.
◦ $1,125.5 million.
◦ $1,215.6 million.

Question 2

Refer to the information provided in Figure 23.12 below to answer the question(s) that follow.










Refer to Figure 23.12. [600 + 0.4
Y] represents the

◦ aggregate expenditures function.
◦ saving function.
◦ equilibrium function.
◦ multiplier function.

[Chelseyj.hasty]

Answer 1

$1,016.7 million.

Answer 2

aggregate expenditures function.

[nramada]

Excellent

[Chelseyj.hasty]

Great! Please up vote