Refer to the above diagram for a private closed economy.At the $100 level of GDP:
A)aggregate expenditures will exceed GDP, causing GDP to fall.
B)planned investment will exceed saving, but actual investment will be equal to saving.
C)households will consume more than their income.
D)saving will be $40.

Question

Refer to the above diagram for a private closed economy.At the $100 level of GDP:
A)aggregate expenditures will exceed GDP, causing GDP to fall. 
B)planned investment will exceed saving, but actual investment will be equal to saving. 
C)households will consume more than their income. 
D)saving will be $40.

Quizplus · Accepted Answer

The Answer of  Refer to the above diagram for a private closed economy.At the $100 level of GDP:
A)aggregate expenditures will exceed GDP, causing GDP to fall. 
B)planned investment will exceed saving, but actual investment will be equal to saving. 
C)households will consume more than their income. 
D)saving will be $40.

Refer to the Above Diagram for a Private Closed Economy