Business, 30.03.2020 20:25, amandasantiago2001

Answer the following questions, which relate to the aggregate expenditures model: Instructions: Enter your answer as a whole number. a. Given the following: Ca = $120, Ig = $60, Xn = − $10, and G = $30, what is the economy’s equilibrium GDP? b. If real GDP in an economy is currently $230, 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 $230. If Ca = $170, Ig = $60, 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...