In a private closed economy, aggregate expenditures will equal GDP where:
A)consumption equals investment.
B)consumption plus investment equals aggregate expenditures.
C)planned investment equals saving.
D)disposable income equals consumption minus saving.

Question

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The Answer of In a private closed economy, aggregate expenditures will equal GDP where:
A)consumption equals investment.
B)consumption plus investment equals aggregate expenditures.
C)planned investment equals saving.
D)disposable income equals consumption minus saving.

In a Private Closed Economy, Aggregate Expenditures Will Equal GDP