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Refer to the Above Diagram for a Private Closed Economy

Question 98

Multiple Choice

Refer to the above diagram for a private closed economy.At the $300 level of GDP: A) planned investment will exceed saving, but actual investment will be equal to saving. B) aggregate expenditures will exceed GDP, causing GDP to rise. C) actual investment will exceed planned investment. D) households will consume in excess of their incomes. Refer to the above diagram for a private closed economy.At the $300 level of GDP:


A) planned investment will exceed saving, but actual investment will be equal to saving.
B) aggregate expenditures will exceed GDP, causing GDP to rise.
C) actual investment will exceed planned investment.
D) households will consume in excess of their incomes.

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