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Refer to the Graph Above for a Private Closed Economy

Question 38

Multiple Choice

Refer to the graph above for a private closed economy. When output or income is $350 billion there will be: A) Equilibrium GDP B) Saving exceeding planned investment C) Unplanned increases in inventories D) Unplanned decreases in inventories Refer to the graph above for a private closed economy. When output or income is $350 billion there will be:


A) Equilibrium GDP
B) Saving exceeding planned investment
C) Unplanned increases in inventories
D) Unplanned decreases in inventories

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