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Refer to the Above Diagram Which Applies to a Private

Question 138

Multiple Choice

Refer to the above diagram which applies to a private closed economy.If gross investment increases from I<sub>g1</sub> to I<sub>g2</sub>, the equilibrium GDP will: A) decrease by KD. B) increase by HJ. C) increase by KD. D) increase by GH. Refer to the above diagram which applies to a private closed economy.If gross investment increases from Ig1 to Ig2, the equilibrium GDP will:


A) decrease by KD.
B) increase by HJ.
C) increase by KD.
D) increase by GH.

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