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    Exam 11: The Aggregate Expenditures Model
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    In a Private Closed Economy, _____ Investment Is Equal to Saving
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In a Private Closed Economy, _____ Investment Is Equal to Saving

Question 4

Question 4

Multiple Choice

In a private closed economy, _____ investment is equal to saving at all levels of GDP and equilibrium occurs only at that level of GDP where _____ investment is equal to saving.


A) planned; actual
B) actual; planned
C) gross; net
D) net; gross

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