Notes
Notes
Notes
Aggregate expenditure
consumer
- spending
not -
-
mpc:
055
↑
whenthe real
7
disposable
so the income
consumptionexpelature 400
:
Y AE GDP
=
=
(4081 (8.85)(8)+
:
q
(b) ↑ =Y -
T
/ 2 1 G 400 0.85(y T)
=
+ -
+ +
-
S I u 408
= =
AF
↓ 408 0.85(4 11087+
=
⑤
-
imp0s:T5 6.67times
+
m
=
=
⑤
- -
AE:
1783 + 0.854 935
1785-
. -
800 AE 850 =
0.85Y,
- +
22: 800 -
785:5
X AE
=
y 850 0.854
= +
(e) ay M(AI) =
4 0.854 = 850
-
(t)
consumer
x
expenditure E/
⑲
+y (6.67)/GI)
=
(6.673(15)
3 =
5666.67-
HE0 =
the E0
increasein- ↑ ↓
= 1088,05
IveNet
1458 I
IeakBI y2.yp 166.75
+
+ 180- 05
32 5666.67
=
5666.67576672
n225566.72
Initial E -> change in G
effect(increase of
multiplier is million
but
buty increase 100.55