An economy is described by the following equations: 1,800+ 0.8 (Y - T) C IP = 1000 PAE= = G = = 2,000 NX = 200 T = 2,000 Y* = 18,000 a. Find a numerical equation linking planned aggregate expenditure to output. Instructions: Round the value for mpc to one decimal place. Y b. Find autonomous expenditure and induced expenditure in this economy. Instructions: Round the value for mpc to one decimal place. Autonomous expenditure: Induced expenditure: Y

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