Multiple Choice
Saving is $15 billion at the $125 billion equilibrium level of output in a closed, private economy.Actual investment must be
A) less than saving
B) greater than saving.
C) equal to $15 billion.
D) equal to $125 billion.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q31: (Advanced analysis) The given equations describe consumption
Q68: A private closed economy includes<br>A) households, businesses,
Q84: The effect of imposing a lump-sum tax
Q85: In the aggregate expenditures model presented in
Q86: If the MPC in an economy is
Q87: Consumption is $141 billion, planned investment is
Q88: Leakages from the income-expenditure stream are<br>A)consumption, saving,
Q91: GDP C S Ig $100 $100 $0
Q92: If the government increases its purchases by
Q93: When C + I g = GDP