In a Closed Economy Without a Government Sector,the Equilibrium Level

Multiple Choice

In a closed economy without a government sector,the equilibrium level of income is found where income is equal to

A) planned consumption expenditures divided by planned business investment
B) the ratio of planned business investment to planned consumption expenditures
C) planned consumption expenditures plus planned business investment plus planned net exports
D) planned consumption expenditures plus planned business investment.