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Refer to the Above Graph for a Private Closed Economy

Question 111

Multiple Choice

Refer to the above graph for a private closed economy. If the consumption schedule shifts up by $50 B at all levels of income or output, then the equilibrium GDP will increase to: A) $550 B B) $300 B C) $600 B D) $150 B Refer to the above graph for a private closed economy. If the consumption schedule shifts up by $50 B at all levels of income or output, then the equilibrium GDP will increase to:


A) $550 B
B) $300 B
C) $600 B
D) $150 B

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