In Our Simple Macro Model with Government,consider the Equation T

Multiple Choice

In our simple macro model with government,consider the equation T = (0.2) Y.Which of the following statements about this equation is correct?

A) Total tax revenues are equal to 20% of disposable income.
B) Total tax revenues are equal to 20% of real GDP.
C) Net tax revenues are equal to 20% of disposable income.
D) If national income increases by $1.00,then net tax revenue increases by $0.20.
E) If total tax revenue increases by $0.20,then national income increases by $1.00.