For a closed economy without government intervention, the equilibrium income is $25 million, the full employment income is $30 million, and the deflationary gap is $1 million. What conclusions can be drawn from this information?
- AThe level of investment is $5 million.
- BThe marginal propensity to consume is 5/4.
- CThe marginal propensity to consume is 6/5.
- DThe value of the investment multiplier is 1.5.