Solved

Refer to the Above Diagram for a Private Closed Economy

Question 141

Multiple Choice

  Refer to the above diagram for a private closed economy.At the $200 level of GDP: A) consumption is $200 and planned investment is $50 so that aggregate expenditures are $250. B) consumption is $200 and planned investment is $100 so that aggregate expenditures are $300. C) consumption is $250 and actual investment is $50 so that aggregate expenditures are $300. D) aggregate expenditures is equal to the GDP. Refer to the above diagram for a private closed economy.At the $200 level of GDP:


A) consumption is $200 and planned investment is $50 so that aggregate expenditures are $250.
B) consumption is $200 and planned investment is $100 so that aggregate expenditures are $300.
C) consumption is $250 and actual investment is $50 so that aggregate expenditures are $300.
D) aggregate expenditures is equal to the GDP.

Correct Answer:

verifed

Verified

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

Related Questions