Question: From the following data, construct an expenditure schedule on a piece of graph paper. Then use the income-expenditure (45° line) diagram to determine the equilibrium

From the following data, construct an expenditure schedule on a piece of graph paper. Then use the income-expenditure (45° line) diagram to determine the equilibrium level of GDP. Compare your answer with your answer to the previousquestion.

Government Net Income Consumption Investmnt Purchases Exports $3,600$3,280 $180 $120 $40 40 40 40 40 3,700 3,800 3,900 4,000 3,340 3,400 3,460 3,520 210 240 270 300 120 120 120 120

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