Ignoring the Government and Foreign Sectors, Equilibrium Real Gross Domestic

Multiple Choice

Ignoring the government and foreign sectors, equilibrium real Gross Domestic Product (GDP) is determined by

A) the intersection of the planned saving and planned investment schedules.
B) the intersection of the planned saving and planned consumption schedules.
C) the intersection of the consumption function with the 45-degree line.
D) finding the real Gross Domestic Product (GDP) for which real savings are zero.