Table 24.8 All Figures in Billions of Dollars Consumption Spending Output Income) Net Taxes (C= 100 + 0.9Yd) Savings 2,600 2,800 3,000 3,200 3.400 3,600 3,800 100 100 100 100 100 100 100 2,350 2,530 2710 2,890 3.070 3,250 3,430 150 170 190 210 230 250 270 Planned Investment Purchases 150 150 150 150 150 150 150 Government Spending 200 200 200 200 200 200 200 Refer to Table 24.8 If taxes are reduced from S100 billion to $50 billion, the new equilibrium level of output is Lutfen birini seçin O A $3,850 billion OB S1.600 billion O C SLB00 billion O D S2 100 billion

Table 24.8 All Figures in Billions of Dollars Consumption Spending Output Income) Net Taxes (C= 100 + 0.9Yd) Savings 2,600 2,800 3,000 3,200 3.400 3,600 3,800 100 100 100 100 100 100 100 2,350 2,530 2710 2,890 3.070 3,250 3,430 150 170 190 210 230 250 270 Planned Investment Purchases 150 150 150 150 150 150 150 Government Spending 200 200 200 200 200 200 200 Refer to Table 24.8 If taxes are reduced from S100 billion to $50 billion, the new equilibrium level of output is Lutfen birini seçin O A $3,850 billion OB S1.600 billion O C SLB00 billion O D S2 100 billion

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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