Question: Consider the macroeconomic model shown below: C = 250 + 0.80Y Consumption function I = 2,000 Planned investment function G = 1,250 Government spending function

Consider the macroeconomic model shown below:

C = 250 + 0.80Y Consumption function

I = 2,000 Planned investment function

G = 1,250 Government spending function

NX = 100 Net export function

Y = C + I + G + NX Equilibrium condition

Fill in the following table. (Enter your responses as integers.)

GDP = $14,400 | AGGREGATE EXPENDITURE (AE) = ? | UNPLANNED CHANGE IN INVENTORIES = ?

GDP = $21,600 | AGGREGATE EXPENDITURE (AE) = ? | UNPLANNED CHANGE IN INVENTORIES = ?

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