PAEExpenditureLine.PAE 1.000+75Y500047504000B81000453000 4000 5o0p) 69.Refer to the figure above. Based on the Keyneslan cross dlagram, at short-run equillbrlumoutput autonomous expenditure equalsand induced expenditure equalsA 1000, 3000B. 1000, 4000C.3000, 4000D.1000, 3250

Autonomous expenditure is such expenditure that is present when the output / Income (Y) is 0.…

69. Refer to the figure above. Based on the Keyneslan cross diagram, at short-run equillbrlum output autonomous expenditure equals and induced expenditure equals A 1000, 3000 B. 1000, 4000 C. 3000, 4000 D. 1000, 3250

69. Refer to the figure above. Based on the Keyneslan cross diagram, at short-run equillbrlum output autonomous expenditure equals and induced expenditure equals A 1000, 3000 B. 1000, 4000 C. 3000, 4000 D. 1000, 3250

ENGR.ECONOMIC ANALYSIS

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ISBN:9780190931919

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Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

PAE
Expenditure
Line.
PAE 1.000+75Y
5000
4750
4000
B8
1000
45
3000 4000 5o0p)

69.
Refer to the figure above. Based on the Keyneslan cross dlagram, at short-run equillbrlum
output autonomous expenditure equals
and induced expenditure equals
A 1000, 3000
B. 1000, 4000
C.3000, 4000
D.1000, 3250

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