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An equation for Aggregate Expenditure is: AE= $3600+ 0.8Y, In equilibrium, Income 'Y' = Aggregate Expenditure 'AE'. Solve for Y. Y = $
An equation for Aggregate Expenditure is: AE= $3600+ 0.8Y, In equilibrium, Income 'Y' = Aggregate Expenditure 'AE'. Solve for Y. Y = $
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Y18000 In equilibrium Y AE 1Substitute the expression f...
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Macroeconomics
Authors: Christopher T S Ragan
15th Edition
013391044X, 978-0133910445
