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Please help me to answer these questions, thanks. Rut expenditure 40. 41. 2. OMGD'P'IGDH 1n the Multiplier Model. We expenditures include: a) personal consumption and

Please help me to answer these questions, thanks.

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Rut expenditure 40. 41. 2. OMGD'P'IGDH 1n the Multiplier Model. We expenditures include: a) personal consumption and investment oniy. 1:) personal conwntption. investment. and government spending only. 1:) government spending only, because that is what Keynes focused on. d) personal consumption. investment. government spending. and net exports. For levels of aggregate real income to the left of the point where the aggregate expenditures curve intersects with the aggregate production curve: a) the economy is experiencing a shortage of goods. in the economy is experiencing a surplus of goods. e) expenditures are negative. :1) expenditures equal production. AP AE Reel Income Refer to the graph above. Equilibrium in the Multiplier Model is where real income equals: 8) GDPU. b) GDPI. c) GDPZ. d) zero. . Given AB = $1000 + .SY. when Y - $5000, AE equals: a) $4000 It) 34800 e) $5000 1!) $6000 If the mpe w .9. the multiplier would be: a) 2 b) l0 e) 5 d) 20 If the rope = .75. a $25 billion increase in autonomous expenditures will cause aggregate equilibritun incomefoutput to increase by: a) $l2.5 billion. b) 525 billion. e} $37.5 billion. II) $100billion

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