graph in screenshots/pictures On the following graph, use the blue curve to plot investment as a function of disposable income:(?)400350Investment30025020015010050Real Net Exports (Billions of Dollars) 4. Components of aggregate expenditureSuppose the following table shows the components of aggregate expenditure for an economy when disposable income is $400 billion and when it is$650 billion:Disposable Income$400 billion $650 billionConsumption$550 billion$575 billionInvestment$100 billion$100 billionGovernment Purchases$125 billion$125 billionNet Exports$150 billion$140 billionAggregate Expenditure$925 billion$940 billion

Disposable income refers to the income that is available for the economy to spend. Aggregate…

Answered: On the following graph, use the blue…

On the following graph, use the blue curve to plot investment as a function of disposable income: 400 350 Investment 300 250 200 150 100 50 Real Net Exports (Billions of Dollars)

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter9: Aggregate Expenditures

Section: Chapter Questions

Problem 7E

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Question

graph in screenshots/pictures

On the following graph, use the blue curve to plot investment as a function of disposable income:
(?)
400
350
Investment
300
250
200
150
100
50
Real Net Exports (Billions of Dollars)

4. Components of aggregate expenditure
Suppose the following table shows the components of aggregate expenditure for an economy when disposable income is $400 billion and when it is
$650 billion:
Disposable Income
$400 billion $650 billion
Consumption
$550 billion
$575 billion
Investment
$100 billion
$100 billion
Government Purchases
$125 billion
$125 billion
Net Exports
$150 billion
$140 billion
Aggregate Expenditure
$925 billion
$940 billion

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