We have the following information for an economy. All values are in billion dollars.
Output
​(Income)
Y
Net
Taxes
T
Disposable
Income
Upper Y Subscript d Baseline equals Upper Y minus Upper T
Consumption
Spending
C
Saving
Upper S equals Upper Y Subscript d Baseline minus Upper C
Planned
Investment
I
Government Purchases
G
Planned Aggregate Expenditure
​C+I+G
​$200
​$100
​$100
​$75
​$25
​$80
​$120
​$275
300
100
200
150
50
80
120
350
400
100
300
225
75
80
120
425
500
100
400
300
100
80
120
500
600
100
500
375
125
80
120
575
700
100
600
450
150
80
120
650
800
100
700
525
175
80
120
725
900
100
800
600
200
80
120
800
1000
100
900
675
225
80
120
875
1100
100
1000
750
250
80
120
950
1200
100
1100
825
275
80
120
1025
1300
100
1200
900
300
80
120
1100
1400
100
1300
975
325
80
120
1175

Part 2
In this​ economy, equilibrium​ income/output is

enter your response here. ​(Enter your response as an​ integer.)
Part 3
At Y​ = ​$1200​, planned aggregate expenditure
▼
exceeds
falls short of
equals
​income, and income or output
▼
remains unchanged
falls
increases
.
In this economy, equilibrium income/output is. (Enter your response as an integer.At Y = $1200, planned aggregate expenditureincome,and income or output.