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Refer to the Diagram, Which Applies to a Private Closed

Question 56

Multiple Choice

Refer to the diagram, which applies to a private closed economy. If gross investment is Ig1, 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.

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