-At the $300 level of GDP:
A) aggregate expenditures and GDP are equal.
B) consumption is $250 and planned investment is $50.
C) saving equals investment.
D) all of the above are true.

Question

-At the $300 level of GDP:
A) aggregate expenditures and GDP are equal. 
B) consumption is $250 and planned investment is $50. 
C) saving equals investment. 
D) all of the above are true.

Quizplus · Accepted Answer

All of the statements are true at the $300 level of GDP, indicating equilibrium where aggregate expenditures equal GDP, consumption plus planned investment equals GDP, and saving equals investment.

-At the $300 Level of GDP