Which of the following equations hold true at equilibrium GDP in a private closed economy?
A) S = Ig
B) S - Ig < 1
C) S + Ig = 1
D) S > Ig
Correct Answer:
Verified
Q225: The letters Y, C, Ig, X, and
Q226: The letters Y, C, Ig, X, and
Q227: In a private closed economy, the equilibrium
Q228: The following information is for a private
Q229: C = 40 + .8Y _
Ig =
Q231: In a private closed economy, saving is
Q232: The investment schedule of an economy is:
A)horizontal.
B)vertical.
C)downward
Q233: The letters Y, C, Ig, X, and
Q234: C = 40 + .8Y _
Ig =
Q235: In an open economy, the multiplier is
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