When planned investment exceeds saving in a private closed economy, Multiple Choice: ● ● aggregate expenditures will exceed GDP. aggregate expenditures will be less than GDP. • aggregate expenditures will equal GDP. • consumption plus investment will equal ● GDP.

When planned investment exceeds saving in a private closed economy, Multiple Choice: ● ● aggregate expenditures will exceed GDP. aggregate expenditures will be less than GDP. • aggregate expenditures will equal GDP. • consumption plus investment will equal ● GDP.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter23: The Aggregate Expenditure Model

Section: Chapter Questions

Problem 11P

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Question

When planned investment exceeds saving in a
private closed economy,
Multiple Choice:
●
●
●
aggregate expenditures will exceed GDP.
aggregate expenditures will be less than
GDP.
aggregate expenditures will equal GDP.
consumption plus investment will equal
GDP.

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