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Business, 18.04.2020 00:46 student0724
Refer to the accompanying consumption schedule in an economy. All figures are in billions of dollars. If gross investment is $34 billion, net exports are zero, and there is a lump-sum tax of $30 billion at all levels of GDP, then the after-tax equilibrium level of GDP will be:.
a) $590 billion.
b) $540 billion.
c) $490 billion.
d) $640 billion.
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Refer to the accompanying consumption schedule in an economy. All figures are in billions of dollars...
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