Refer to the information provided in Figure 23.10 below to answer ...

[gbarreiro]

Question 1

Refer to the information provided in Figure 23.9 below to answer the question(s) that follow.










Refer to Figure 23.9. As a result of an increase in investment by $20 million, aggregate expenditures shifts ________, ________ equilibrium output and equilibrium expenditure.

◦ down; increasing
◦ up; increasing
◦ down; decreasing
◦ down; not changing

Question 2

Refer to the information provided in Figure 23.10 below to answer the question(s) that follow.










Refer to Figure 23.10. What is the equation for the aggregate expenditure function (
AE)?

◦ AE = 600 + 0.1
Y.
◦ AE = 200 + 0.8
Y.
◦ AE = 550 + 0.8
Y.
◦ AE = 100 + 0.9
Y.

[nathang24]

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[gbarreiro]

Thanks

[nathang24]

Welcome

[captainjonesify]

Question 1

Refer to the information provided in Figure 23.10 below to answer the question(s) that follow.










Refer to Figure 23.10. At an aggregate output level of $500 million, there is a

◦ $100 million unplanned increase in inventories.
◦ $175 million unplanned decrease in inventories.
◦ $0 change in unplanned inventories.
◦ $100 million unplanned decrease in inventories.

Question 2

Refer to the information provided in Figure 23.10 below to answer the question(s) that follow.










Refer to Figure 23.10. At aggregate output levels above $1,000 million, there are

◦ unplanned increases in inventories and output increases.
◦ unplanned decreases in inventories and output increases.
◦ unplanned decreases in inventories and output decreases.
◦ unplanned increases in inventories and output decreases.

[akemokai]

Answer 1

$100 million unplanned decrease in inventories.

Answer 2

unplanned increases in inventories and output decreases.

[kellyjaisingh]

Question 1

Refer to the information provided in Figure 23.10 below to answer the question(s) that follow.










Refer to Figure 23.10. At aggregate output levels below $1,000 million, there are

◦ unplanned decreases in inventories and output increases.
◦ unplanned increases in inventories and output increases.
◦ unplanned increases in inventories and output decreases.
◦ unplanned decreases in inventories and output decreases.

Question 2

Refer to the information provided in Figure 23.10 below to answer the question(s) that follow.










Refer to Figure 23.10. [200 + 0.8
Y] represents the

◦ MPC.
◦ MPS.
◦ aggregate expenditures function.
◦ aggregate income function.

[verrinzo]

Answer 1

unplanned decreases in inventories and output increases.

Answer 2

aggregate expenditures function.

[kellyjaisingh]

TY

[verrinzo]

You're welcome