Multiple Choice
Figure 13-6
-Refer to Figure 13-6. Let Y = real GDP, AE = Aggregate Expenditures, C = Consumption,
IP = Planned Investment, G = Government Purchases. Further, IP and G are autonomous. What is the level of autonomous aggregate expenditures?
A) $800 billion
B) $1,000 billion
C) $1,600 billion
D) $3,200 billion
Correct Answer:

Verified
Correct Answer:
Verified
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