5 In a closed economy (no imports or exports), Aggregate Expenditure 'AE' is defined as the sum of Consumption ExpenditureInvestment Expenditure 'I' and Government Expenditure 'G' orAE=C+I+GIn equilibrium, Income 'Y' is equal to 'AE'.If Y= $1265, C = $660, and 1= $325, solve for G.G=$

A closed economy is one that has no exchanging movement with outside economies. The closed economy…

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E=C+I+G Expenditure m equilibrium, Income 'Y' is equal to 'AE. fY=$1265, C- $660, and 1= $325, solve for G.

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In a closed economy (no imports or exports), Aggregate Expenditure 'AE' is defined as the sum of Consumption Expenditure
Investment Expenditure 'I' and Government Expenditure 'G' or
AE=C+I+G
In equilibrium, Income 'Y' is equal to 'AE'.
If Y= $1265, C = $660, and 1= $325, solve for G.
G=$

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What is the relative importance of consumption spending (C) in aggreagte demand and some factors that affect it? What is the relative importance of investment spending (I) in aggreagte demand and some factors that affect it? What is the relative importance of government spending (G) in aggreagte demand and some factors that affect it? What is the relative importance of Net Export (NX) (Net Export = spending on exports (X) - imports (M)) in aggreagte demand and some factors that affect it?