Suppose at the current interest rate of 4%, gross investment is $2,500, government purchases are $3,000, and net exports are $500.

Bb Microsoft Word - Aggregate Ex X Aggregate Expenditure Homev X Course Hero X + X C newconnect.mheducation.com/flow/connect.html V S Aggregate Expenditure Homework Saved Help Save & Exit Submit Check my work 17 Suppose at the current interest rate of 4%, gross ports are $500. . Using the graph below, draw the investm 10 ule (NX), and the points combined I + G + NX line for this economy. Instructions: Use the tools provided 'I," 'G,"'NX,' and 'I + G + NX' and plot only the endpoints for each line such that the first point ouches the vertical axis. eBOOK I, G, and NX Schedules Print Aggregate Expenditures I, G, NX (dollars) 7,000 Tools References 6,000 5,000 NX 4,000 1+ G + NX 3,000 2,000 1,000 4 6 8 10 12 14 16 18 Real GDP (thousands of dollars) b. Now suppose interest rates increase to 6%. As a result, gross investment falls to $1,500 while government purchases and net exports remain constant at $3,000 and $500, respectively. Using the graph below, draw the new investment schedule (1), government purchases schedule (G), net exports schedule (NX), and the new combined | + G + NX line for this economy. Instructions: Use the tools provided '12." 'G,"'NX; and 'I + G + NX' and plot only the endpoints for each line such that the first point couches the vertical axis. 1, G, and NX Schedules Expenditures I, G, NX (dollars) 7,000 Tools 6,000 5,000 NX 4,000 1+G + NX 3,000 2,000 1,000 4 6 8 10 12 14 16 18 Real GDP (thousands of dollars) LO O W cl's 2:26 AM 4/12/2020