Suppose you are put in charge of fiscal policy for the economy in which tax collections are always $400 and in which the four components of aggregate demand are as follows: (X-IM) (Dollars) (Dollars) GDP (Rollars) 1,360 1,480 Taxes (Dollars) 400 400 200 DI (Dollars) 960 1,080 1,200 1,320 1,440 30 (Dollars) 720 810 900 (Dollars) 500 500 200 Total Real Expenditure (TE) (Dollars) 1,450 1,540 1,630 1,720 1,810 1,600 400 200 500 30 1,720 400 400 1,840 1,080 200 500

Suppose you are put in charge of fiscal policy for the economy in which tax collections are always $400 and in which the four components of aggregate demand are as follows: GDP Taxes DI C I G (X-IM) (dollars) (Dollars) (Dollars) (Dollars) (Dollars) (Dollars) (Dollars) Total Real Expenditure (TE) (Dollars) 1,360 400 960 720 200 500 30 1,480 400 1,000 810 200 500 30 1,450 1,540 1,600 400 1,200 900 200 500 30 1,630 1,720 400 1,320 990 200 500 30 1,720 1,840 400 1,440 1,000 200 500 30 1.010