Refer to the information provided in Table 8.10 below to answer the questions that follow.
Table 8.10
-Refer to Table 8.10. Planned saving equals planned investment at an aggregate output level of
A) $2,000 million.
B) $2,400 million.
C) $2,800 million.
D) $3,200 million.

Question

Refer to the information provided in Table 8.10 below to answer the questions that follow.
Table 8.10 
-Refer to Table 8.10. Planned saving equals planned investment at an aggregate output level of
A) $2,000 million. 
B) $2,400 million. 
C) $2,800 million. 
D) $3,200 million.

Quizplus · Accepted Answer

Planned saving equals planned investment when the economy is in equilibrium. According to the given options, this occurs at an aggregate output level of $2,800 million.

Refer to the Information Provided in Table 8