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-When the Closed Economy's GDP Is $400

Question 14

Multiple Choice

-When the closed economy's GDP is $400: A) the aggregate expenditures exceed GDP. B) consumption is $350 and planned investment is zero so that aggregate expenditures are $350. C) consumption is $300 and planned investment is $50 so that aggregate expenditures are $350. D) consumption is $300 and actual investment is $100 so that aggregate expenditures are $400.
-When the closed economy's GDP is $400:


A) the aggregate expenditures exceed GDP.
B) consumption is $350 and planned investment is zero so that aggregate expenditures are $350.
C) consumption is $300 and planned investment is $50 so that aggregate expenditures are $350.
D) consumption is $300 and actual investment is $100 so that aggregate expenditures are $400.

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