Refer to the diagram for a private closed economy. Gross investment
A) is positively related to the level of GDP.
B) is negatively related to the level of GDP.
C) is independent of the level of GDP.
D) must be subtracted from consumption to determine aggregate expenditures.

Question

Refer to the diagram for a private closed economy. Gross investment
A) is positively related to the level of GDP. 
B) is negatively related to the level of GDP. 
C) is independent of the level of GDP. 
D) must be subtracted from consumption to determine aggregate expenditures.

Quizplus · Accepted Answer

The Answer of  Refer to the diagram for a private closed economy. Gross investment
A) is positively related to the level of GDP. 
B) is negatively related to the level of GDP. 
C) is independent of the level of GDP. 
D) must be subtracted from consumption to determine aggregate expenditures.

Refer to the Diagram for a Private Closed Economy