plot price against national income

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answerhappygod
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plot price against national income

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plot price against national income
Plot Price Against National Income 1
Plot Price Against National Income 1 (23.28 KiB) Viewed 17 times
Plot Price Against National Income 2
Plot Price Against National Income 2 (23.28 KiB) Viewed 17 times
Consider the following AE function AE=250 +0.5Y+0.1(M/P) (1) Where AE is a desired aggregated expenditure, Y is a real GDP, M is a private sectors nominal wealth and P is the price level.Suppose that M is constant with value of 6000 P M/P 1 2346 10 AE 6000 AE-250+0.5Y 6
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