Planned investment is $75 billion and saving is $62 billion in a private closed economy.In equilibrium actual investment must be:
A)$13 billion.
B)$75 billion.
C)$62 billion.
D)minus $13 billion.

Question

Quizplus · Accepted Answer

In a private closed economy, in equilibrium, saving must equal planned investment. Therefore, actual investment must be $62 billion to match the saving.

Planned Investment Is $75 Billion and Saving Is $62 Billion