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The Data Below Are for a Private (No Government) Closed

Question 51

Multiple Choice

The data below are for a private (no government) closed economy. All figures are in billions of dollars. The data below are for a private (no government) closed economy. All figures are in billions of dollars. Refer to the table above. If planned investment is $25 billion, the equilibrium level of GDP will be: A) $600 billion B) $620 billion C) $640 billion D) $660 billion Refer to the table above. If planned investment is $25 billion, the equilibrium level of GDP will be:


A) $600 billion
B) $620 billion
C) $640 billion
D) $660 billion

Correct Answer:

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