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Author Question: In a closed economy, equilibrium real Gross Domestic Product (GDP) occurs where A) the C + I + G ... (Read 339 times)

roselinechinyere27m

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on: Jun 30, 2018
In a closed economy, equilibrium real Gross Domestic Product (GDP) occurs where
 
  A) the C + I + G line crosses the 45-degree line. B) saving exceeds planned investment.
  C) planned expenditures exceed national income. D) all of these.

Question 2

The aggregate demand curve is
 
  A) upward sloping. B) a vertical line at potential output.
  C) a horizontal line at the current price level. D) downward sloping.


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Pamela.irrgang@yahoo.com

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


roselinechinyere27m

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Reply #2 on: Jun 30, 2018
Thank you


Pamela.irrgang@yahoo.com

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Reply #3 on: Jun 30, 2018
No problemo


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