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.
Correct Answer:

Verified
Correct Answer:
Verified
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