Refer to the information provided in Figure below to answer the questions that follow. AE Aggregate...
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Refer to the information provided in Figure below to answer the questions that follow. AE Aggregate expenditures ($ millions) 1,160 1,000 600 200 45 500 1,000 1,200 Aggregate output ($ millions) a) What is the equation for the aggregate expenditure function (AE)? b) What is the value of MPC? c) What is the value of MPS? d) What is the value of multiplier? e) What is the amount of unplanned investment at aggregate output of 500, 1,000, and 1,200? Refer to the information provided in Figure below to answer the questions that follow. AE Aggregate expenditures ($ millions) 1,160 1,000 600 200 45 500 1,000 1,200 Aggregate output ($ millions) a) What is the equation for the aggregate expenditure function (AE)? b) What is the value of MPC? c) What is the value of MPS? d) What is the value of multiplier? e) What is the amount of unplanned investment at aggregate output of 500, 1,000, and 1,200?
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