Question: Given that the Aggregate Expenditure function is AE = 78 + 0.76Y, what is the amount of unplanned investment when Y=350? a.8 b.-6 c.6 d.-8

Given that the Aggregate Expenditure function is AE = 78 + 0.76Y, what is the amount of unplanned investment when Y=350?

a.8

b.-6

c.6

d.-8

Suppose that CPI in 2011, 2012, and 2013 are respectively, 100, 112.1, and 117.5. Calculate the inflation rate from 2012 to 2013.

a.5.4%

b.4.8%

c.4.6%

d.12.1%

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