-Refer to the above diagram which applies to a private closed economy. If gross investment is I_g1, the equilibrium GDP and the level of consumption will be: A) H and HB respectively. B) J and JI respectively. C) J and JK respectively D) H and HF respectively.

Question

Quizplus · Accepted Answer

The Answer of -Refer to the above diagram which applies to a private closed economy. If gross investment is I_g1, the equilibrium GDP and the level of consumption will be: A) H and HB respectively. B) J and JI respectively. C) J and JK respectively D) H and HF respectively.

-Refer to the Above Diagram Which Applies to a Private