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Figure 32-1 In Figure 32-1, There Are Four Levels of Income. G

Question 170

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Figure 32-1
Figure 32-1 In Figure 32-1, 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 32-1, 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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