Solved

Consider the Following Information Describing a Closed Economy with No

Question 40

Multiple Choice

Consider the following information describing a closed economy with no government and where aggregate output is demand determined.All dollar figures are in billions. Consider the following information describing a closed economy with no government and where aggregate output is demand determined.All dollar figures are in billions.   TABLE 21-4 Refer to Table 21-4.At the equilibrium level of national income,desired saving ($billions) will be A) zero. B) $40. C) $70. D) $200. E) $240. TABLE 21-4 Refer to Table 21-4.At the equilibrium level of national income,desired saving ($billions) will be


A) zero.
B) $40.
C) $70.
D) $200.
E) $240.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions