-Refer to the above figure. At real GDP of $3 trillion, actual investment equals
A) planned investment of $0.5 trillion.
B) planned saving of $1 trillion.
C) actual saving of $1 trillion.
D) unanticipated inventory adjustments of $0.5 trillion.
Correct Answer:
Verified
Q299: What would happen to the planned investment
Q300: At a given interest rate, the investment
Q301: The investment function intersects the saving schedule
Q302: Q303: Using real GDP on the horizontal axis Q305: The 45-degree reference line indicates all points Q306: For a closed economy with no government, Q307: In the Keynesian model, whenever planned saving Q308: Ignoring the government and foreign sectors, if Q309:
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents