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8 June, 15:15

If GDP exceeds aggregate expenditures in a private closed economy: A. Saving will exceed planned investment B. Planned investment will exceed saving C. Planned investment will exceed actual investment D. Injections will exceed leakages

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  1. 8 June, 17:14
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    The correct answer is A

    Explanation:

    GDP stands for Gross Domestic Product, it measures the economic activity value within a Country. It is the total of the market prices or the values of all the final goods and the services produced in the economy.

    When the economy is private as well as closed, then the GDP is more than the aggregate expenditure, then the savings from the household exceed the planned investment.
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