Actual investment is $28 billion and saving is $15 billion at the $166 billion level of output in a private closed economy. At this level:
A) Consumption will be $151 billion
B) Planned investment will be $13 billion
C) Unplanned investment will be $15 billion
D) Planned investment minus saving will be $38 billion

Question

Quizplus · Accepted Answer

Consumption is equal to output minus saving and investment. In this case, consumption is $166 billion - $15 billion - $28 billion = $123 billion.

Actual Investment Is $28 Billion and Saving Is $15 Billion