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
Posted: Fri Jul 01, 2022 8:14 am
- 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 1 (48.4 KiB) Viewed 27 times
answer this as soon as possible
pleaseConsider 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 AE 1 6000 AE= = 250+ 0.5Y 2 M