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Refer to the Information Provided in Figure 23

Question 221

Multiple Choice

Refer to the information provided in Figure 23.12 below to answer the question(s) that follow. Refer to the information provided in Figure 23.12 below to answer the question(s) that follow. Figure 23.12 -Refer to Figure 23.12. What is the equation for aggregate expenditure AE<sub>1</sub>? A) AE<sub>1</sub> = 1,000 + 0.5Y. B) AE<sub>1</sub> = 600 + 0.4Y. C) AE<sub>1</sub> = 1,000 + 0.6Y. D) AE<sub>1</sub> = 400 + 0.4Y. Figure 23.12
-Refer to Figure 23.12. What is the equation for aggregate expenditure AE1?


A) AE1 = 1,000 + 0.5Y.
B) AE1 = 600 + 0.4Y.
C) AE1 = 1,000 + 0.6Y.
D) AE1 = 400 + 0.4Y.

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