ns of Dollars) ing Planned Government Net Planned S) Investment Purchases Exports Aggregate (I) (G) (X – M) Expenditures C+I+G+(X-M) 1.0 5.2 1.1 .2 .3 1.4 1.0 -0.7 1.0 1.0 -0.7 5.6 1.0 1.0 -0.7 6.0 1.0 1.0 -0.7 6.4 10 10 07 68
ns of Dollars) ing Planned Government Net Planned S) Investment Purchases Exports Aggregate (I) (G) (X – M) Expenditures C+I+G+(X-M) 1.0 5.2 1.1 .2 .3 1.4 1.0 -0.7 1.0 1.0 -0.7 5.6 1.0 1.0 -0.7 6.0 1.0 1.0 -0.7 6.4 10 10 07 68
Chapter9: Aggregate Demand
Section: Chapter Questions
Problem 4.8P
Related questions
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![### Aggregate Expenditure Component Values
The table below shows different components of aggregate expenditure in an economy. At the equilibrium level of Gross Domestic Product (GDP), saving equals _____.
#### Table 9.2: Components of Aggregate Expenditure
| Real GDP (Y) | Net Taxes (NT) | Disposable Income (Y - NT) | Consumption (C) | Saving (S) | Planned Investment (I) | Government Purchases (G) | Net Exports (X - M) | Planned Aggregate Expenditures (C + I + G + (X - M)) |
|--------------|----------------|---------------------------|------------------|------------|------------------------|-------------------------|---------------------|-------------------------------------------------------|
| 5.0 | 1.0 | 4.0 | 3.9 | 0.1 | 1.0 | 1.0 | -0.7 | 5.2 |
| 5.5 | 1.0 | 4.5 | 4.3 | 0.2 | 1.0 | 1.0 | -0.7 | 5.6 |
| 6.0 | 1.0 | 5.0 | 4.7 | 0.3 | 1.0 | 1.0 | -0.7 | 6.0 |
| 6.5 | 1.0 | 5.5 | 5.1 | 0.4 | 1.0 | 1.0 | -0.7 | 6.4 |
| 7.0 | 1.0 | 6.0 | 5.5 | 0.5 | 1.0 | 1.0 | -0.7 | 6.8 |
#### Multiple Choice Question:
The correct value of saving (S) at the equilibrium level of GDP is:
- a. $0.2 trillion
- b. $0.1 trillion
- c. $0.3 trillion
- d. $0.4 trillion
- e. $0.5 trillion](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb83ccd3a-d161-43e6-8f96-e32e0a75e38e%2Ff921ca83-f9bd-40fd-be7a-e5d6e6b87077%2Fr6rcva_processed.png&w=3840&q=75)
Transcribed Image Text:### Aggregate Expenditure Component Values
The table below shows different components of aggregate expenditure in an economy. At the equilibrium level of Gross Domestic Product (GDP), saving equals _____.
#### Table 9.2: Components of Aggregate Expenditure
| Real GDP (Y) | Net Taxes (NT) | Disposable Income (Y - NT) | Consumption (C) | Saving (S) | Planned Investment (I) | Government Purchases (G) | Net Exports (X - M) | Planned Aggregate Expenditures (C + I + G + (X - M)) |
|--------------|----------------|---------------------------|------------------|------------|------------------------|-------------------------|---------------------|-------------------------------------------------------|
| 5.0 | 1.0 | 4.0 | 3.9 | 0.1 | 1.0 | 1.0 | -0.7 | 5.2 |
| 5.5 | 1.0 | 4.5 | 4.3 | 0.2 | 1.0 | 1.0 | -0.7 | 5.6 |
| 6.0 | 1.0 | 5.0 | 4.7 | 0.3 | 1.0 | 1.0 | -0.7 | 6.0 |
| 6.5 | 1.0 | 5.5 | 5.1 | 0.4 | 1.0 | 1.0 | -0.7 | 6.4 |
| 7.0 | 1.0 | 6.0 | 5.5 | 0.5 | 1.0 | 1.0 | -0.7 | 6.8 |
#### Multiple Choice Question:
The correct value of saving (S) at the equilibrium level of GDP is:
- a. $0.2 trillion
- b. $0.1 trillion
- c. $0.3 trillion
- d. $0.4 trillion
- e. $0.5 trillion
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