Multiple Choice
Consider the government's budget balance. Suppose G = 400 and the government's net tax revenue is 20 percent of national income (Y) . Government saving is negative for all values of Y
A) above 10 000.
B) above 8000.
C) above 2000.
D) below 8000.
E) below 2000.
Correct Answer:
Verified
Correct Answer:
Verified
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