Question: Consider the graph below: Planned Aggregate Expenditure ( PAE , billions of $ ) Actual Aggregate Expenditure ( Output or GDP , billions of $

Consider the graph below:
Planned Aggregate Expenditure (PAE, billions of $)
Actual Aggregate Expenditure (Output or GDP, billions of $)
Instructions: Enter numbers rounded to two decimal places.
a. What is the expenditure multiplier in this economy?
b. What is the marginal propsensity to consume in this economy?
Consider the graph below: Planned Aggregate

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