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Business, 24.04.2020 18:05 Taylor73836

The Math behind the Aggregate Expenditures Model Exercise 2 (Algo) Your research into a nation has yielded the following information: Autonomous expenditure (A) = $3,200 Gross investment (I) = $2,100 Government purchases (G) = $2,600 Net exports (NX) = -$900 Taxes (T) = $2,000 MPC = 0.6 a. Substitute the values above into the equation: AE = A + [MPC × (Y – T)] + I + G + NX to determine the abbreviated equation for aggregate expenditures (AE). AE = + Y

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The Math behind the Aggregate Expenditures Model Exercise 2 (Algo) Your research into a nation has y...
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