Consider the Following Information Describing a Closed Economy with No

question 40

Multiple Choice

Consider the following information describing a closed economy with no government and where aggregate output is demand determined.All dollar figures are in billions. TABLE 21-4 Refer to Table 21-4.At the equilibrium level of national income,desired saving ($billions) will be

• A)zero.
• B)$40.
• C)$70.
• D)$200.
• E)$240.

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