Which of the following statements is correct for a private closed economy?
A)Saving equals planned investment only at the equilibrium level of domestic output.
B)All levels of domestic output where planned investment exceeds saving will be too high for equilibrium.
C)Planned and actual investment are identical at all possible levels of domestic output.
D)Saving equals actual investment only at the equilibrium level of domestic output.

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements is correct for a private closed economy?
A)Saving equals planned investment only at the equilibrium level of domestic output.
B)All levels of domestic output where planned investment exceeds saving will be too high for equilibrium.
C)Planned and actual investment are identical at all possible levels of domestic output.
D)Saving equals actual investment only at the equilibrium level of domestic output.

Which of the Following Statements Is Correct for a Private