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The Following Schedule Contains Data for a Private Closed Economy

Question 166

Multiple Choice

The following schedule contains data for a private closed economy. All figures are in billions.
Assume that gross investment is $10 billion.
The following schedule contains data for a private closed economy. All figures are in billions. Assume that gross investment is $10 billion. -Refer to the above data. If a lump-sum tax of $20 is imposed, the consumption schedule will become: A) Column A B) Column B C) Column C D) Column D
-Refer to the above data. If a lump-sum tax of $20 is imposed, the consumption schedule will become: The following schedule contains data for a private closed economy. All figures are in billions. Assume that gross investment is $10 billion. -Refer to the above data. If a lump-sum tax of $20 is imposed, the consumption schedule will become: A) Column A B) Column B C) Column C D) Column D


A) Column A
B) Column B
C) Column C
D) Column D

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