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

Question 96

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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 does the official budget produce a surplus? A) Y4 B) Y3 C) Y2 D) Y1
-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 does the official budget produce a surplus?


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

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