Problem
Use the diagram for this exercise to draw a level of aggregate expenditures that would lead to an economy at an equilibrium, E, with a real GDP of $8 trillion. Illustrate how a change in aggregate expenditures would lead to an increase in the equilibrium level of GDP to $10 trillion.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.