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    Business
  3. Study Set
    Economics Principles and Policy Study Set 2
  4. Exam
    Exam 24: Aggregate Demand and the Powerful Consumer
  5. Question
    Figure 8-1 ​
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Figure 8-1 ​

Question 20

Question 20

Multiple Choice

Figure 8-1
​ Figure 8-1 ​   -Based on the scatter diagram in Figure 8-1, approximately how much will consumption increase after a permanent tax cut of $400 billion? A) $100 billion B) $150 billion C) $250 billion D) $350 billion
-Based on the scatter diagram in Figure 8-1, approximately how much will consumption increase after a permanent tax cut of $400 billion?


A) $100 billion
B) $150 billion
C) $250 billion
D) $350 billion

Correct Answer:

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