Refer to the information provided in Table 8.4 below to answer the questions that follow.
Table 8.4

-Refer to Table 8.4.Planned saving equals planned investment at an aggregate output level
A)of $1,000 billion.
B)of $800 billion.
C)of $600 billion.
D)that cannot be determined from this information.

Question

Refer to the information provided in Table 8.4 below to answer the questions that follow.
Table 8.4
 
-Refer to Table 8.4.Planned saving equals planned investment at an aggregate output level
A)of $1,000 billion. 
B)of $800 billion. 
C)of $600 billion. 
D)that cannot be determined from this information.

Quizplus · Accepted Answer

According to the table, at an aggregate output level of $1,000 billion, planned saving and planned investment are both $1,000 billion. Therefore, planned saving equals planned investment at this level.

Refer to the Information Provided in Table 8