Question
The table gives the components of aggregate expenditure. Real GDP Consumption expenditure Investment Government expenditure Exports Imports (trillions of 2012 dollars) 0 0.5 0.4 0.5
The table gives the components of aggregate expenditure.
Real GDP | Consumption expenditure | Investment | Government expenditure | Exports | Imports |
(trillions of 2012 dollars) | |||||
0 | 0.5 | 0.4 | 0.5 | 0.7 | 0 |
4 | 2.1 | 0.4 | 0.5 | 0.7 | 0.5 |
When real GDP is
$4
trillion, what are aggregate planned expenditure, autonomous expenditure, and induced expenditure?
>>> Answer to 1 decimal place.
Question content area bottom
Part 1
When real GDP is
$4
trillion, aggregate planned expenditure is
$enter your response here
trillion.
Autonomous expenditure is
$enter your response here
trillion.
Induced expenditure is
$enter your response here
trillion.
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