When C + Ig = GDP in a private closed economy,S = Ig and there are no unplanned changes in inventories.
Correct Answer:
Verified
Q103: Equal increases in government expenditures and tax
Q115: Actual investment consists of planned investment plus
Q158: In an effort to stop the U.S.recession
Q159: A recessionary expenditure gap is:
A) the amount
Q160: Classical macroeconomics was dealt severe blows by:
A)
Q161: A $20 billion decrease in investment in
Q162: If C + Ig exceeds GDP in
Q164: In the private closed economy,equilibrium GDP occurs
Q165: A $10 billion decrease in taxes will
Q167: If government decreases its purchases by $20
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents