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Answer to Question #17940 in Macroeconomics for Ben DeRooy
Question #17940
1. What is an investment schedule and how does it differ from an investment demand curve?
3. Why is saving called Leakage? Why is planned investment called injection? Why must saving equal planned investment at equilibrium GDP in the private closed economy? Are unplanned changes in inventories rising, falling, or constant at equilibrium GDP? Explain.
3. Why is saving called Leakage? Why is planned investment called injection? Why must saving equal planned investment at equilibrium GDP in the private closed economy? Are unplanned changes in inventories rising, falling, or constant at equilibrium GDP? Explain.
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