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If consumption is \$500 billion, investment is \$200 billion, and net exports are \$50 billion, what is the aggregate expenditure?
In a private open economy, if investment increases by \$200 million and net exports decrease by \$50 million, what is the net effect on aggregate expenditures?
If the MPC is 0.8 and income increases by \$500, what is the expected increase in consumption?
Which component is NOT part of the aggregate expenditures model in a private open economy?
How does the absence of government affect the aggregate expenditures model in a private open economy compared to a private closed economy?
Why are government purchases absent in the aggregate expenditures model of a private open economy?
If the multiplier is 4 and investment increases by \$100 million, what is the total impact on GDP?
If a country's investment decreases due to a decline in business confidence, how would this affect the aggregate expenditures model?
What is the formula for calculating aggregate expenditures in a private open economy?
How is macroeconomic equilibrium represented in a private open economy using the 45-degree line?