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The graph below shows the economy of the United States. ▾ Planned Aggregate Expenditures Real aggregate expenditures (in
Posted: Wed Jul 06, 2022 6:23 pm
by answerhappygod
- The Graph Below Shows The Economy Of The United States Planned Aggregate Expenditures Real Aggregate Expenditures In 1 (74.43 KiB) Viewed 18 times
The graph below shows the economy of the United States. ▾ Planned Aggregate Expenditures Real aggregate expenditures (in dollars) 2400- 2100+ 1800- 1500- 1200+ 900+AE 600+ 300- Reset AE Y 400 800 (Select one) $0 Potential Output 1200 1600 2000 2400 Real income (in dollars) a) What type of gap exists in this economy, and how big is that gap? (Select one) $0 b) By how much must government expenditures change to eliminate this gap? c) Demonstrate this graphically in the graph above.