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Given that the Aggregate Expenditure function is AE = 78 + 0.76Y, what is the amount of unplanned investment when Y=350? a.8 b.-6 c.6 d.-8
Given that the Aggregate Expenditure function is AE = 78 + 0.76Y, what is the amount of unplanned investment when Y=350?
a.8
b.-6
c.6
d.-8
Suppose that CPI in 2011, 2012, and 2013 are respectively, 100, 112.1, and 117.5. Calculate the inflation rate from 2012 to 2013.
a.5.4%
b.4.8%
c.4.6%
d.12.1%
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