Multiple Choice
Refer to the information provided in Figure 9.1 below to answer the questions that follow. Figure 9.1
-Refer to Figure 9.1. Suppose that the consumption function is C = 400 + 0.5Yd and taxes are $200 billion, at equilibrium the value of autonomous consumption is
A) $400 billion.
B) $300 billion.
C) $200 billion.
D) $100 billion.
Correct Answer:

Verified
Correct Answer:
Verified
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