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Refer to the Above Diagram for a Private Closed Economy

Question 25

Multiple Choice

Refer to the above diagram for a private closed economy.At the $200 level of GDP: A) consumption will equal GDP. B) planned investment will equal saving and unintended investment will be zero. C) aggregate expenditures will exceed GDP, causing GDP to rise. D) GDP will exceed aggregate expenditures, causing GDP to fall. Refer to the above diagram for a private closed economy.At the $200 level of GDP:


A) consumption will equal GDP.
B) planned investment will equal saving and unintended investment will be zero.
C) aggregate expenditures will exceed GDP, causing GDP to rise.
D) GDP will exceed aggregate expenditures, causing GDP to fall.

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