Question: I want answer in Word Format rather than Hand-written. If there is any part of Hand-written, the answer should be in good Hand writing rather
I want answer in Word Format rather than Hand-written. If there is any part of Hand-written, the answer should be in good Hand writing rather than doing in hurry as per last time. Additionally, other Typing parts should be properly explained rather than giving in a short form.

Question 3 Consider an economy where the aggregate planned expenditure (AE) components are given by: - Consumption (C) = 700 + 0.6Y - Investment (1) = 200 - Government Expenditure (G) = 150 - Exports (Ex) = 300 - Imports (Im) = 100 + 0.1Y a) Write the AE equation (simplified). b) Identify the autonomous component and the induced component. C) Graph the AE curve. Find and identify on the graph the equilibrium expenditure. Show on your graph the effect of an increase of 50 in government expenditure and find the new equilibrium expenditure. f) Find the expenditure multiplier
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