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The table gives the aggregate expenditure schedule. Y C I G X M 1.0 1.00 0.5 0.7 0.45 0.05 2.0 1.65 0.5 0. 0.45 0.10
The table gives the aggregate expenditure schedule.
Y | C | I | G | X | M |
1.0 | 1.00 | 0.5 | 0.7 | 0.45 | 0.05 |
2.0 | 1.65 | 0.5 | 0. | 0.45 | 0.10 |
3.0 | 2.30 | 0.5 | 0.7 | 0.45 | 0.15 |
4.0 | 2.95 | 0.5 | 0.7 | 0.45 | 0.20 |
5.0 | 3.60 | 0.5 | 0.7 | 0.45 | 0.25 |
6.0 | 4.25 | 0.5 | 0.7 | 0.45 | 0.30 |
What is the equilibrium expenditure? Show Calculations.
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