Refer to the information provided in Table 23.8 below to answer the question(s) that follow.
Table 23.8
-Refer to Table 23.8. Planned saving equals planned investment at an aggregate output level of
A) $4,000 million.
B) $5,000 million.
C) $6,000 million.
D) $7,000 million.

Question

Refer to the information provided in Table 23.8 below to answer the question(s) that follow.
Table 23.8 
-Refer to Table 23.8. Planned saving equals planned investment at an aggregate output level of
A) $4,000 million. 
B) $5,000 million. 
C) $6,000 million. 
D) $7,000 million.

Quizplus · Accepted Answer

Planned saving equals planned investment when the economy is in equilibrium. According to Table 23.8, this occurs at an aggregate output level of $6,000 million.

Refer to the Information Provided in Table 23