Multiple Choice
The data below is the consumption schedule in an economy. All figures are in billions of dollars. Refer to the above table. If a government sector is introduced and a lump-sum tax of $30 billion is imposed at all levels of GDP, then the consumption column in the table becomes:
A) $420, 460, 500, 540, 580
B) $426, 466, 506, 546, 586
C) $430, 470, 510, 550, 590
D) $432, 472, 512, 552, 592
Correct Answer:

Verified
Correct Answer:
Verified
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