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    Exam 21: The Simplest Short-Run Macro Model
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    Consider the Following Information Describing a Closed Economy with No
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Consider the Following Information Describing a Closed Economy with No

Question 153

Question 153

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 21-3 -Refer to Table 21-3.At the equilibrium level of national income,desired saving ($billions) is A) $100. B) $300. C) $4000. D) $3900. E) $1000. TABLE 21-3
-Refer to Table 21-3.At the equilibrium level of national income,desired saving ($billions) is


A) $100.
B) $300.
C) $4000.
D) $3900.
E) $1000.

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