Refer to the diagram below for a private closed economy. In equilibrium the level of consumption:
A) will be $100.
B) will be $500.
C) will be $600.
D) cannot be determined from the information given.

Question

Refer to the diagram below for a private closed economy. In equilibrium the level of consumption: 
A) will be $100. 
B) will be $500. 
C) will be $600. 
D) cannot be determined from the information given.

Quizplus · Accepted Answer

The Answer of Refer to the diagram below for a private closed economy. In equilibrium the level of consumption: 
A) will be $100. 
B) will be $500. 
C) will be $600. 
D) cannot be determined from the information given.

Refer to the Diagram Below for a Private Closed Economy