Question: 1.plot the function on the same plot 2.plot the price against the national income AE = 250 +0.5Y+0.1(M/P) (1) Where AE is a desired aggregated

1.plot the function on the same plot

2.plot the price against the national income

AE = 250 +0.5Y+0.1(M/P) (1) Where AE is a desired aggregated expenditure, Y is a real GDP, M is a private sectors nominal wealth and P is the price level.Suppose that M is constant with value of 6000 PM/P 1 2 3 AE 6000 AE = 250 +0.5Y

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