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Refer to the Above Diagram for a Private Closed Economy

Question 181

Multiple Choice

Refer to the above diagram for a private closed economy.The equilibrium level of GDP in this economy: A) is $60 billion. B) is $180 billion. C) is between $60 and $180 billion. D) cannot be determined from the information given. Refer to the above diagram for a private closed economy.The equilibrium level of GDP in this economy:


A) is $60 billion.
B) is $180 billion.
C) is between $60 and $180 billion.
D) cannot be determined from the information given.

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