Multiple Choice
Refer to the diagram for a private closed economy. Aggregate saving in this economy will be zero when
A) C + Ig cuts the 45-degree line.
B) GDP is $180 billion.
C) GDP is $60 billion.
D) GDP is also zero.
Correct Answer:

Verified
Correct Answer:
Verified
Q94: <span class="ql-formula" data-value="\begin{array} { l } C
Q95: Suppose the economy is operating at its
Q96: (Advanced analysis) The given equations describe consumption
Q97: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8601/.jpg" alt=" Refer to the
Q98: An upward shift of the aggregate expenditures
Q100: SA=−20 + 0.4Y <br>Ig = 25 −
Q101: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8601/.jpg" alt=" Which two aggregate
Q102: In which of the following situations
Q103: If an unintended increase in business inventories
Q104: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8601/.jpg" alt=" Refer