The following graph contains two aggregate expenditure functions. Consider a movement from point A to point B

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The following graph contains two aggregate expenditure functions. Consider a movement from point A to point B and a movement from point B to point C. Which movement shows a change in autonomous expenditure? Which movement shows a change in induced expenditure? Briefly explain your answers.
Real aggregate expenditure, AE AE2 AE, Real GDP, Y
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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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