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Refer to the Information Provided in Figure 9

Question 59

Multiple Choice

Refer to the information provided in Figure 9.1 below to answer the questions that follow. 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, what is the value of consumption? A) $2,000 B) $1,350 C) $1,300 D) $1,150 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, what is the value of consumption?


A) $2,000
B) $1,350
C) $1,300
D) $1,150

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