Question: inkanla's aggregate expenditures function is shown in the figure below 24 000 Y= AE 20 000 16 000 12 000 Aggregate expenditures 8 000 4

inkanla's aggregate expenditures function is shown in the figure below 24 000 Y= AE 20 000 16 000 12 000 Aggregate expenditures 8 000 4 000 4 000 8000 12 000 16 000 20 000 24000 28 000 National Income a. What is the value of equilibrium income? b. What is the value of the multiplier in irkania? if investment were to increase by $4090 draw the new AE curve Labelled AEg in the graph above. Pict only the endpoints of the curve and position those points on the edges of the graphing area. Take a photo and email me your graph @ cumsja Gnonhem on ca d. what isThe new level of equilibrium income
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
