Multiple Choice
If real Gross Domestic Product (GDP) is at an equilibrium level in a closed economy,
A) real GDP equals the sum of consumption, investment, and government purchases.
B) saving will be less than planned investment.
C) unplanned inventory accumulation will equal planned inventory accumulation.
D) real GDP equals the sum of consumption and investment minus government purchases.
Correct Answer:
Verified
Correct Answer:
Verified
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