Business, 12.02.2020 03:55, tommyaberman

Answer the following questions, which relate to the aggregate expenditures model: Instructions: Enter your answer as a whole number. a. Given the following: Ca = $110, Ig = $50, Xn = − $10, and G = $30, what is the economy’s equilibrium GDP? b. If real GDP in an economy is currently $210, will the economy’s real GDP rise, fall, or stay the same? c. Suppose that full-employment (and full-capacity) output in an economy is $210. If Ca = $160, Ig = $50, Xn = − $10, and G = $30, what will be the macroeconomic result?

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Answer the following questions, which relate to the aggregate expenditures model: Instructions: Ente...