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-Refer to the Above Diagram Which Applies to a Private

question 116

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  -Refer to the above diagram which applies to a private closed economy. If gross investment is I<sub>g1</sub>, 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 above 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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