Multiple Choice
Consider the government's budget balance.Suppose G = 300 and the government's net tax revenue is equal to 0.12Y.The government budget is balanced when Y equals
A) 350.
B) 1000.
C) 2000.
D) 2500.
E) 3600.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q97: Consider the general form of the consumption
Q98: The diagram below shows desired aggregate expenditure
Q99: If the price level is taken as
Q100: In a simple macro model where the
Q101: Suppose Y = 400 and the government's
Q103: A fall in the Canadian-dollar price of
Q104: An increase in the value of the
Q105: The diagram below shows desired aggregate expenditure
Q106: Consider the simplest macro model with a
Q107: Consider a simple macro model with a