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Refer to the Diagram, Which Applies to a Private Closed

question 56

Multiple Choice

  Refer to the diagram, which applies to a private closed economy. If gross investment is Ig1, the equilibrium GDP and the level of consumption will be A)  H and HB, respectively. B)  J and JI, respectively. C)  J and JK, respectively. D)  H and HF, respectively. Refer to the diagram, which applies to a private closed economy. If gross investment is Ig1, the equilibrium GDP and the level of consumption will be


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