For a closed economy,which of the following conditions must be satisfied for equilibrium to be maintained?

Question

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In a closed economy, equilibrium is maintained when aggregate demand equals aggregate supply, which is typically represented by the equation Y = C + I + G, where Y is national income, C is consumption, I is investment, and G is government spending. None of the given options directly represent this condition.

For a Closed Economy,which of the Following Conditions Must Be