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 = 200 + 0.5Yd and taxes are $200 billion, at equilibrium, what is the value of consumption?
A) $1,100
B) $1,250
C) $1,350
D) $1,800
Correct Answer:

Verified
Correct Answer:
Verified
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