Refer to Table 27-1. What is the level of tax revenues in this model?   a. 1,000   b. 937.5   c. 437.5   d. 950   e. 945.5

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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  1. Table 27-1

    Y =

    C + I + G

    C =

    500 + 0.8(Y − T)

    I =

    300

    G =

    700

    T =

    0.25Y


    Table 27-1

    Y =

    C + I + G

    C =

    500 + 0.8(Y−T)

    I =

    300

    G =

    700

    T =

    0.25Y

    Refer to Table 27-1. What is the level of tax revenues in this model?

      a.
    1,000
      b.
    937.5
      c.
    437.5
      d.
    950
      e.
    945.5
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