Why does equilibrium real gdp occur where c ig gdp in a


Why does equilibrium real GDP occur where C + Ig = GDP in a private closed economy? What happens to real GDP when C + Ig exceed GDP? When C + Ig is less than GDP? What two expenditure components of real GDP are purposely excluded in a private closed economy?

Request for Solution File

Ask an Expert for Answer!!
Business Economics: Why does equilibrium real gdp occur where c ig gdp in a
Reference No:- TGS01179881

Expected delivery within 24 Hours