Multiple Choice
Consider the government's budget balance.Suppose G = 300 and the government's net tax revenue is 0.3Y.The government budget is in surplus only when Y is
A) less than 350.
B) less than 1000.
C) greater than 1000.
D) greater than 2500.
E) greater than 3000.
Correct Answer:
Verified
Correct Answer:
Verified
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