Refer to the Diagram Below for a Private Closed Economy

question 101

Multiple Choice

Refer to the diagram below for a private closed economy.Saving and planned investment are equal:

• A)only at the $300 level of GDP.
• B)only at the $250 level of GDP.
• C)at all levels of GDP.
• D)only at the $375 level of GDP.

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Definitions:

Capsule

In biology, a tough sheath or membrane that encloses some structures; in medicine, a small case or container that encloses a dose of medication.

Kidney

A pair of organs in the human body that are essential for removing waste products from the blood and regulating blood pressure, electrolyte balance, and red blood cell production.

Renal Pelvis

The central part of the kidney where urine collects before being passed into the ureter.

Cystectomy

A surgical operation to remove the urinary bladder.