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The Following Schedule Contains Data for a Private Closed Economy  GDP C$140$150180180220210260240300270\begin{array}{l}\underline{\text { GDP }}& \underline{C} \\\$140&\$150\\180 & 180 \\220 & 210 \\260 & 240\\300 &270 \\\end{array}

Question 82

Multiple Choice

The following schedule contains data for a private closed economy.All figures are in billions.Use these data in answering the question.  GDP C$140$150180180220210260240300270\begin{array}{l}\underline{\text { GDP }}& \underline{C} \\\$140&\$150\\180 & 180 \\220 & 210 \\260 & 240\\300 &270 \\\end{array} Refer to the data.If a lump-sum tax of $20 is imposed,the consumption schedule will become:


A)
 GDP C$140$150180180220210260240300270\begin{array}{l}\underline{\text { GDP }}& \underline{C} \\\$140&\$150\\180 & 180 \\220 & 210 \\260 & 240\\300 &270 \\\end{array}
B)
 GDP C$140$155180185220215260245300275\begin{array}{l}\underline{\text { GDP }}& \underline{C} \\\$140&\$155\\180 & 185 \\220 & 215 \\260 & 245\\300 &275 \\\end{array}
C)
 GDP C$140$135180165220195260255300255\begin{array}{l}\underline{\text { GDP }}& \underline{C} \\\$140&\$135\\180 & 165 \\220 &195 \\260 & 255\\300 &255 \\\end{array}
D)
 GDP C$140$130180160220190260220300250\begin{array}{l}\underline{\text { GDP }}& \underline{C} \\\$140&\$130\\180 & 160 \\220 & 190 \\260 & 220\\300 &250 \\\end{array}

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