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Hello I have an economics math question and have provided the question via image with the answer options, also I am having trouble plotting the

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Hello I have an economics math question and have provided the question via image with the answer options, also I am having trouble plotting the graph can you draw it out? They are all apart of the same question.

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
5. Recessionary gaps The following graph shows the aggregate expenditure line (AE) for an economy with a current equilibrium output of $200 billion and a potential output of $500 billion. The economy is experiencing Use the purple points (diamond symbol) to show the height of the gap at potential output. (? 800 Y=AE 700 Gap 600 500 400 AGGREGATE EXPENDITURE (Billions of dollars) AE 300 200 100 0 100 200 300 400 500 600 700 800 REAL GDP (Billions of dollars)5. Recessionary gaps The following graph shows the aggregate expenditure line (AE) for an economy with a current equilibrium output of $200 billion and a potential output of $500 billion. The economy is experiencing v . a recessionary gap Use the purple points (diamo height of the gap at potential output. an expansionary gap AGGREGATE EXPENDITURE (Billions of dollars) 200 300 400 500 600 REAL GDP (Billions of dollars) 700 800 The absolute value of the GDP gap in this economy is V . Because the simple spending multiplier for this economy is , closing the GDP gap would require a$300 billion 100 AGGREGATE E $200 billion 0 200 300 400 500 600 $500 b'll'on REAL GDP (Billions of dollars) $75 billion $150 billion The absolute value of the GDP gap in this economy is V . Because the simple spending multiplier for this economy is V , closing the GDP gap would require a V . 200 AGGREGATE 1.00 100 5.00 0 0 100 200 300 400 500 600 700 800 2.00 REAL GDP (Billions of dollars) 3.00 4.00 The absolute value of the GDP gap in this economy is . Because the simple spending multiplier for this economy is , closing the GDP gap would require a100 AGG 0 $300 billion increase in government spending REAL ' $300 billion decrease in government spending $150 billion increase in investment spending $150 billion decrease in investment spending The absolute value of the GD use the simple spending multiplier for this economy is V , closing the GDP gap would require a V

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