b. Demonstrate graphically with the multiplier model a shift in the AE curve that would have caused the improvement. Instructions: Use the tool provided "AE1" to draw the new Aggregate Expenditure line. Plot only the endpoints. 0 Real expenditures AP AE Tools AE₁ O

b. Demonstrate graphically with the multiplier model a shift in the AE curve that would have caused the improvement. Instructions: Use the tool provided "AE1" to draw the new Aggregate Expenditure line. Plot only the endpoints. 0 Real expenditures AP AE Tools AE₁ O

MACROECONOMICS

14th Edition

ISBN:9781337794985

Author:Baumol

Publisher:Baumol

Chapter9: Demand-side Equilibrium: Unemployment Or Inflation?

Section: Chapter Questions

Problem 7TY

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Question

b. Demonstrate graphically with the multiplier model a shift in the AE curve that would have caused the improvement.
Instructions: Use the tool provided "AE1" to draw the new Aggregate Expenditure line. Plot only the endpoints.
Ⓡ
Real expenditures
AP
AE
Tools
AE1
O

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