In a private closed economy, the equilibrium condition for the economy is:
A) AE = C + Ig = GDP
B) AE = G + Ig = GDP
C) AE = C + Ig + G = GDP
D) C + Ig + G + NX = GDP

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The Answer of In a private closed economy, the equilibrium condition for the economy is:
A) AE = C + Ig = GDP
B) AE = G + Ig = GDP
C) AE = C + Ig + G = GDP
D) C + Ig + G + NX = GDP

In a Private Closed Economy, the Equilibrium Condition for the Economy