Multiple Choice
-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:
Verified
Related Questions
Q22: Investment and saving are, respectively,
A)income and wealth.
B)stocks