Consider the Simplest Macroeconomic Model,with a Closed Economy and No

question 147

Multiple Choice

Consider the simplest macroeconomic model,with a closed economy and no government.If we assume that desired investment is autonomous with respect to national income,then the investment function (which graphs desired investment against actual national income) will be

• A)negatively sloped.
• B)positively sloped and relatively steep.
• C)positively sloped and relatively flat.
• D)vertical.
• E)horizontal.