Question 888 M Full explain this question and text typing work only thanks Consider the macroeconomic model shown below:C = 1,500+ 0.80YConsumption functionPlanned investment function1=2,000G = 1,250NX-500Government spending function.Net export functionY=C+I+G+NXEquilibrium conditionFill in the following table. (Enter your responses as integers.)GDP$17,000$25,500AggregateExpenditures (AE)Unplanned Changein Inventories

Aggregate expenditure is the sum of consumption, investment, government spending, and net export.…

Consider the macroeconomic model show C= 1,500+0.80Y 1= 2,000 G=1,250 NX-500 Y=C+I+G+NX Fill in the following table. (Enter your responses as integers.) Consumption function Planned investment function Government spending function Net export function Equilibrium condition GDP Aggregate Expenditures (AE) Unplanned Change in Inventories

Consider the macroeconomic model show C= 1,500+0.80Y 1= 2,000 G=1,250 NX-500 Y=C+I+G+NX Fill in the following table. (Enter your responses as integers.) Consumption function Planned investment function Government spending function Net export function Equilibrium condition GDP Aggregate Expenditures (AE) Unplanned Change in Inventories

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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