Refer to the above diagram for a private closed economy.At the $300 level of GDP:
A)planned investment will exceed saving, but actual investment will be equal to saving.
B)aggregate expenditures will exceed GDP, causing GDP to rise.
C)actual investment will exceed planned investment.
D)households will consume in excess of their incomes.

Question

Refer to the above diagram for a private closed economy.At the $300 level of GDP:
A)planned investment will exceed saving, but actual investment will be equal to saving. 
B)aggregate expenditures will exceed GDP, causing GDP to rise. 
C)actual investment will exceed planned investment. 
D)households will consume in excess of their incomes.

Quizplus · Accepted Answer

The Answer of  Refer to the above diagram for a private closed economy.At the $300 level of GDP:
A)planned investment will exceed saving, but actual investment will be equal to saving. 
B)aggregate expenditures will exceed GDP, causing GDP to rise. 
C)actual investment will exceed planned investment. 
D)households will consume in excess of their incomes.

Refer to the Above Diagram for a Private Closed Economy