Refer to the information provided in Figure 23.12 below to answer the question(s) that follow.
Figure 23.12Refer to Figure 23.12. What is the equation for aggregate expenditure AE1?
A. AE1 = 600 + 0.4Y.
B. AE1 = 1,000 + 0.6Y.
C. AE1 = 1,000 + 0.5Y.
D. AE1 = 400 + 0.4Y.
Answer: A
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