Solved

-Refer to the Above Diagram Which Applies to a Private

Question 89

Multiple Choice

-Refer to the above diagram which applies to a private closed economy.If gross investment is Ig<sub>1</sub>,the equilibrium GDP and the level of consumption will be: A) H and HB respectively. B) J and JI respectively. C) J and JK respectively D) H and HF respectively.
-Refer to the above diagram which applies to a private closed economy.If gross investment is Ig1,the equilibrium GDP and the level of consumption will be:


A) H and HB respectively.
B) J and JI respectively.
C) J and JK respectively
D) H and HF respectively.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q3: An increase in taxes will have a

Q11: A $10 billion decrease in taxes will

Q50: The inequality of saving and planned investment:<br>A)is

Q73: The marginal propensity to import is:<br>A)the change

Q81: In a mixed open economy, where aggregate

Q84: The table shows a private,open economy.All figures

Q92: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2474/.jpg" alt=" -Refer to the

Q93: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2474/.jpg" alt=" -Refer to the

Q94: The letters Y,C,S,and I are used to

Q215: The S<sub>a</sub> + M + T schedule