Multiple Choice
Planned investment is $20 billion and saving is $15 billion when GDP in the economy is $180 billion.The economy
A) is at the equilibrium level of GDP.
B) is disequilibrium and its GDP will increase.
C) is disequilibrium and its GDP will decrease.
D) has a GDP level that is greater than its aggregate expenditures.
Correct Answer:
Verified
Correct Answer:
Verified
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