Refer to the above diagram which is for a private closed economy.All figures are in billions of dollars.If gross investment is $15, the equilibrium level of GDP:
A)is $30.
B)is $380.
C)is $300.
D)is $340.

Question

Refer to the above diagram which is for a private closed economy.All figures are in billions of dollars.If gross investment is $15, the equilibrium level of GDP:
A)is $30. 
B)is $380. 
C)is $300. 
D)is $340.

Quizplus · Accepted Answer

The Answer of  Refer to the above diagram which is for a private closed economy.All figures are in billions of dollars.If gross investment is $15, the equilibrium level of GDP:
A)is $30. 
B)is $380. 
C)is $300. 
D)is $340.

Refer to the Above Diagram Which Is for a Private