Aggregate Demand Exercise CH 9.docx - 100 160 1560 1800 1640 160 160 1800 2000 1800 200 160 1960 2400 2120 280 160 2280 Plot the 45 degree line and the

Aggregate Demand Exercise CH 9.docx - 100 160 1560 1800...

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MACRO ECONOMICS EXERCISE CHAPTER 9 Given the following information about a hypothetical economy, complete the table below. Graph the consumption function. (Include a 45 degree line and indicate the level of equilibrium GDP) Assume Gross Private Domestic Investment “I” = $160 GDP=DI C S I Aggregate Demand 800 840 40 160 1000 900 920 20 160 1080 1500 1400
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  • Fall '16
  • Caceres
  • Economics, Macroeconomics, Keynesian economics, Consumption function, degree line, Gross Private Domestic

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