Refer to the accompanying figure. PAE = 600 + 0.5Y Expenditure, PAE PAE = 400 + 0.5Y Planned Aggregate PAE = 200 + 0.5Y 600 400 200 400 800 1,200 Output, Y Based on the figure, if autonomous spending falls from 400 to 200, then the new short-run equilibrium output will equal Multiple Choice O 800 O 400. O 600 O 1,200