Figure 13-6 -Refer to Figure 13-6. Let Y = Real GDP, AE

Multiple Choice

Figure 13-6
-Refer to Figure 13-6. Let Y = real GDP, AE = Aggregate Expenditures, C = Consumption,
I_P = Planned Investment, G = Government Purchases. Further, I_P 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