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Refer to the Information Provided in Figure 8

Question 16

Multiple Choice

Refer to the information provided in Figure 8.12 below to answer the questions that follow. Refer to the information provided in Figure 8.12 below to answer the questions that follow. Figure 8.12 -Refer to Figure 8.12. 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 8.12
-Refer to Figure 8.12. 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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