Real GDP (Y) and aggregate expenditures (AE) are shown for an economy in the first two columns of the following table. Suppose that economic forecasters predict government spending to increase in the near future from G=$1 trillion to G=$1.25 trillion.

Recalculate the value of aggregate expenditures given the new value of G=$1.25 trillion. Enter those values to the second decimal place in the third column of the table.

MindTap - Cengage Learning X G Real GDP (Y) Aggregate Expendit X (2) Lesson Request GDP Unplan X Homework Help - Q&A from Onlir X + X -> C C A ng.cengage.com/staticb/ui/evo/index.html?eISBN=9781337622356&id=878887638&nold=1889825&snapshotld=1889825& R CENGAGE MINDTAP Q Search this course ? Study Questions and Problems (Ch 09) O X column of the table. E Real GDP (Y) Aggregate Expenditures A-Z (Trillions of dollars per year) G=$1 trillion G=$1.25 trillion (Trillions of dollars per year) (Trillions of dollars per year) N N H O 1.25 O 2.00 2.75 3.50 4.25 5.00 5.75 ? 6.50 7.25 bongo 8.00 10 8.75 The black line on the following graph represents the 45-degree line where real GDP equals aggregate expenditures. Use the blue points (circle symbol) to plot the aggregate expenditures line for this economy when G=$1.25 trillion. Line segments will automatically connect the points. Use the black G 11:12MindTap - Cengage Learning X G Real GDP (Y) Aggregate Expendit X (2) Lesson Request GDP Unplan X Homework Help - Q&A from Onlir X + X -> C C A ng.cengage.com/staticb/ui/evo/index.html?eISBN=9781337622356&id=878887638&nold=1889825&snapshotld=1889825& R CENGAGE |MINDTAP Q Search this course ? Study Questions and Problems (Ch 09) O X (? F 10 Y = Real GDP A-Z 9 O AE AE , O 4 ? Aggregate Expenditures (AE) 7 .+ 6 Equilibrium real GDP 3 2 bongo 1 O 2 3 4 5 6 7 8 9 10 Real GDP (Y) G+ 1 11:14