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Income level: 100, 200, 300, 400, 500 Planned consumption: 50, 60, 70, 80, 90 Planned Investment: 20, 25, 30, 35, 40 Planned Government Expenditure: 15, 20, 25, 30, 35 Planned Net Exports: 5, 7, 10, 12, 15 Actual Consumption: 48, 55, 65, 75, 80 Actual Investment:15, 20, 22, 30, 35 Actual Net Exports: 6, 8, 9, 11, 14 Planned Expenditure Curve Plot the Actual Expenditure Curve

Income level: 100, 200, 300, 400, 500 Planned consumption: 50, 60, 70, 80, 90 Planned Investment: 20, 25, 30, 35, 40 Planned Government Expenditure: 15, 20, 25, 30, 35 Planned Net Exports: 5, 7, 10, 12, 15 Actual Consumption: 48, 55, 65, 75, 80 Actual Investment:15, 20, 22, 30, 35 Actual Net Exports: 6, 8, 9, 11, 14 Planned Expenditure Curve Plot the Actual Expenditure Curve

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Income level: 100, 200, 300, 400, 500

Planned consumption: 50, 60, 70, 80, 90

Planned Investment: 20, 25, 30, 35, 40

Planned Government Expenditure: 15, 20, 25, 30, 35

Planned Net Exports: 5, 7, 10, 12, 15

Actual Consumption: 48, 55, 65, 75, 80

Actual Investment:15, 20, 22, 30, 35

Actual Net Exports: 6, 8, 9, 11, 14

  1. Planned Expenditure Curve
  2. Plot the Actual Expenditure Curve
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