< Question 6 of 15 > The accompanying graph represents the aggregate consumption function for the small island nation of Pineapple Paradise. The people of Pineapple Paradise expect their future disposable income to increase. Use the graph to show an increase in consumption expenditures. What is the new level of aggregate autonomous consumer spending? O $2000 O $1000 $4000 O $3000 10,000 9,000 8.000 8.000 1,000 ,000 4,000 3.000 2.000 Aggregate Consumption Function. 1,000 1,000 2,000 3,000 4,000 5.000 6.000 7,000 8,000 9,000 10,000 Disposable Income
< Question 6 of 15 > The accompanying graph represents the aggregate consumption function for the small island nation of Pineapple Paradise. The people of Pineapple Paradise expect their future disposable income to increase. Use the graph to show an increase in consumption expenditures. What is the new level of aggregate autonomous consumer spending? O $2000 O $1000 $4000 O $3000 10,000 9,000 8.000 8.000 1,000 ,000 4,000 3.000 2.000 Aggregate Consumption Function. 1,000 1,000 2,000 3,000 4,000 5.000 6.000 7,000 8,000 9,000 10,000 Disposable Income
Chapter11: Fiscal Policy
Section: Chapter Questions
Problem 1.6P
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![< Question 6 of 15 >
The accompanying graph represents the aggregate
consumption function for the small island nation of
Pineapple Paradise. The people of Pineapple Paradise expect
their future disposable income to increase. Use the graph to
show an increase in consumption expenditures.
What is the new level of aggregate autonomous consumer
spending?
$2000
O $1000
$4000
O$3000
10,000
9,000
8,000
8.000
1,000
000
4,000
3,000
2,000
Aggregate Consumption Function.
1,000
1,000 2,000 3,000 4,000 5.000 6.000 7.000 8.000 9.000 10,000
Disposable Income](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fedb0f666-7c95-4a3a-a5a7-2afdd7143da7%2F5c607d3e-52f3-41b8-95e2-96dee673a9da%2Fbglj317_processed.png&w=3840&q=75)
Transcribed Image Text:< Question 6 of 15 >
The accompanying graph represents the aggregate
consumption function for the small island nation of
Pineapple Paradise. The people of Pineapple Paradise expect
their future disposable income to increase. Use the graph to
show an increase in consumption expenditures.
What is the new level of aggregate autonomous consumer
spending?
$2000
O $1000
$4000
O$3000
10,000
9,000
8,000
8.000
1,000
000
4,000
3,000
2,000
Aggregate Consumption Function.
1,000
1,000 2,000 3,000 4,000 5.000 6.000 7.000 8.000 9.000 10,000
Disposable Income
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