The desired aggregate expenditure function of an economy is illustrated in the graph to the...
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Finance
The desired aggregate expenditure function of an economy is illustrated in the graph to the right. The dashed line, Y * shows the potential level of national income in this economy. The marginal propensity to spend is 0.75. Use the point drawing tool to plot and label the equilibrium level of income. Carefully follow the instructions above, and only draw the required object
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You can see the logs in the Dashboard.