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The consumption schedule for a country with a private closed economy is shown on the graph below. The level of planned investment for this country

The consumption schedule for a country with a private closed economy is shown on the graph below. The level of planned investment for this country is $6 billion.

a. Draw the aggregate expenditures schedule for this economy and identify equilibrium GDP.

Instructions:Use the tool provided 'C + I' to draw the aggregate expenditures schedule for this economy. Then use the tool provided 'Equilibrium' to identify the new equilibrium GDP.

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M FW | Me & Co & Co 5 X As r Col Col Sig I Ind Q Ecc + MF |G wh |I Em G As G Sul Q Ecc * Co Q Ma & My G ho + X C D A ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fmccc.blackboard.com%252Fwebapps%252Fportal%. Problem Set #7: The Aggregate Expenditures Model i Saved Help Save & Exit Submit 7 Check my work Aggregate Expenditures Schedule Tools 1 50 points 40 C+1 Equilibrium eBook C Print 30 References Aggregate expenditures (billions of dollars) 20 10 10 20 30 40 50 Real GDP (billions of dollars) Mc Graw Hill Education 1 7 3:24

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