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Question 53

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Use the following to answer questions .
Exhibit: Aggregate Expenditures Curve
Figure 13-6 Use the following to answer questions . Exhibit: Aggregate Expenditures Curve Figure 13-6 -(Exhibit: Aggregate Expenditures Curve) Let Y = real GDP, AE = Aggregate Expenditures, C = Consumption, I<sub>P</sub> = Planned Investment, G = Government Purchases. Further, I<sub>P</sub> and G are autonomous. If real GDP produced is $4,000, what is the amount of aggregate expenditures? A) AE = $4,800 billion B) AE = $4,000 billion C) AE = $2,800 billion D) AE = $2,000 billion
-(Exhibit: Aggregate Expenditures Curve) Let Y = real GDP, AE = Aggregate Expenditures, C = Consumption, IP = Planned Investment, G = Government Purchases. Further, IP and G are autonomous. If real GDP produced is $4,000, what is the amount of aggregate expenditures?


A) AE = $4,800 billion
B) AE = $4,000 billion
C) AE = $2,800 billion
D) AE = $2,000 billion

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