Answered: Given this diagram; what is the level…

Given this diagram; what is the level of G (government purchases of goods and services)? 18. Given this diagram; what is the level of Ca (autonomous consumption)?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

17. Given this diagram; what is the level of G (government purchases of goods and services)?

18. Given this diagram; what is the level of Ca (autonomous consumption)?

expenditures, income
140
120
100
80
60
40
20
0
-20
-40
0
20
40
18
60
income: Q
80
100
Q
AE
C
G
S
120
Xn

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