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-Refer to the Above Diagram Which Applies to a Private

Question 30

Multiple Choice

  -Refer to the above diagram which applies to a private closed economy.If gross investment increases from I<sub>g1</sub> to I<sub>g2</sub>,the equilibrium GDP will: A)  decrease by KD. B)  increase by HJ. C)  increase by KD. D)  increase by GH.
-Refer to the above diagram which applies to a private closed economy.If gross investment increases from Ig1 to Ig2,the equilibrium GDP will:


A) decrease by KD.
B) increase by HJ.
C) increase by KD.
D) increase by GH.

Correct Answer:

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