Consider the following information describing a closed economy with no government and where aggregate output is demand determined.All dollar figures are in billions. TABLE 21-3 Refer to Table 21-3.At the equilibrium level of national income,desired saving ($billions)is
A)$100.
B)$300.
C)$4000.
D)$3900.
E)$1000.

Question

Consider the following information describing a closed economy with no government and where aggregate output is demand determined.All dollar figures are in billions.  TABLE 21-3 Refer to Table 21-3.At the equilibrium level of national income,desired saving ($billions)is
A)$100. 
B)$300. 
C)$4000. 
D)$3900. 
E)$1000.

Quizplus · Accepted Answer

The Answer of Consider the following information describing a closed economy with no government and where aggregate output is demand determined.All dollar figures are in billions.  TABLE 21-3 Refer to Table 21-3.At the equilibrium level of national income,desired saving ($billions)is
A)$100. 
B)$300. 
C)$4000. 
D)$3900. 
E)$1000.

Consider the Following Information Describing a Closed Economy with No