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Given: AE =C+I+G And C = 25 +0.75Y And I = Io = 50 And G = Go = 25. a. Graph the aggregate expenditure

Given: AE =C+I+G And C = 25 +0.75Y And I = Io = 50 And G = Go = 25.

a. Graph the aggregate expenditure function and show its individual components.

b. Find the equilibrium level of income.

c. How can the aggregate expenditure function be graphed directly, without having to graph each of the component parts?

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