The slope of the ae curve is 80 what is the expenditure, Ask an Expert

Economics

The slope of the AE curve is .80. What is the expenditure multiplier? Everything else the same, by how much does equilibrium aggregate expenditure increase if

a. exports increase from $1.75 trillion to $2.25 trillion?

b. government expenditure on goods and services decrease from $2.0 trillion to $1.8 trillion?

c. investment increases from $1.2 trillion to $2.3 trillion?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91721747

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