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Figure 16-1 -In Figure 16-1,there Are Four Levels of Income.G Is Government

Question 15

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Figure 16-1 Figure 16-1 -In Figure 16-1,there are four levels of income.G is government expenditures and TT is taxes less transfers.At which level of income is the actual deficit the greatest? A) Y<sub>4</sub> B) Y<sub>3</sub> C) Y<sub>2</sub> D) Y<sub>1</sub>
-In Figure 16-1,there are four levels of income.G is government expenditures and TT is taxes less transfers.At which level of income is the actual deficit the greatest?


A) Y4
B) Y3
C) Y2
D) Y1

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