Consider a 4-sector economy. In this economy, consumption spending, taxes and imports are the following C= 620 + 0.8() -T) T-10 + 0.25Y M0.05Y While IP -300, G-250, X-10. What is the slope of the planned aggregate expenditure (PAE) line? O 0.65 O 0.60 O 0.55 O 0.50
Consider a 4-sector economy. In this economy, consumption spending, taxes and imports are the following C= 620 + 0.8() -T) T-10 + 0.25Y M0.05Y While IP -300, G-250, X-10. What is the slope of the planned aggregate expenditure (PAE) line? O 0.65 O 0.60 O 0.55 O 0.50
Chapter1: Making Economics Decisions
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![Consider a 4-sector economy. In this economy, consumption spending, taxes and imports are the following
C= 620 + 0.8(Y- T)
T=10 + 0.25Y
M-0.05Y
While IP -300, G=250, X-10. What is the slope of the planned aggregate expenditure (PAE) line?
O 0.65
O 0.60
O 0.55
O 0.50](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9fee3cf9-e2c1-4a3e-b2d8-d120ba870798%2F585e2102-2cfc-48a5-be99-1957c940498b%2Fnd6j0pm_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Consider a 4-sector economy. In this economy, consumption spending, taxes and imports are the following
C= 620 + 0.8(Y- T)
T=10 + 0.25Y
M-0.05Y
While IP -300, G=250, X-10. What is the slope of the planned aggregate expenditure (PAE) line?
O 0.65
O 0.60
O 0.55
O 0.50
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