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Please help me to answer the questions no. 18-20. And I would like to have the steps of no.18-20 for better understanding, thanks. Assuming there

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Please help me to answer the questions no. 18-20. And I would like to have the steps of no.18-20 for better understanding, thanks.

image text in transcribed
Assuming there is no government or foreign sector, refer to the information provided in figure below to answer next three questions. Aggregate expenditures 200 ($ millions) 50 200 Aggregate output ($ millions) 4 Assignment 1, BECO 1001, 2021-2022, I, Dr. Qiao Zhuo, FBA, University of Macau 18) The equation for the planned aggregate expenditure function AEO is A) AEO = 50 + 0.6Y. B) AEO = 50 + 0.4Y. CHAEO = 80 + 0.6Y. P) AEO = 50 + 0.75Y. 19) A $10 million increase in planned investment changes equilibrium output to A) $225 million. B) $240 million. C) $90 million. D) $175 million 20) A $20 million decrease in autonomous consumption [A) does not affect the MPC. V B) changes equilibrium output to $120 million. C) changes equilibrium expenditure to $120 million. D) all of the above

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