V3

(1) the amount of autonomous spending before this decrease (2) the amount of induced spending before the decrease in autonomous spending (3) the level of equilibrium Real GDP before the decrease in autonomous spending, (4) the value of the spending multiplier (in trillions of dollars) Aggregate Expenditure 45 Line $20 L $15 $10 $10 $15 $20 $25 $30 $35 Real GDP (in trillions of dollars)