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help ,me grapgh:In the graph: The blue line represents the planned expenditure function (Pe). The equilibrium point is where the Pe curve intersects the 45-degree
help ,me grapgh:In the graph: The blue line represents the planned expenditure function (Pe). The equilibrium point is where the Pe curve intersects the 45-degree line, indicating equilibrium real GDP. The intersection of the Pe curve with the Y-axis represents autonomous expenditures ($18,000). The intersection of the Pe curve with the X-axis represents the full employment GDP ($94,000). The recessionary gap is shown as the vertical distance between the equilibrium real GDP and the full employment GDP. To close the recessionary gap, planned investment increases by $20,000, shifting the Pe curve upwards. This change results in a new equilibrium at the full employment GDP. All points are labeled clearly on the graph
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