Refer to the Information Provided in Table 9

Multiple Choice

Refer to the information provided in Table 9.6 below to answer the questions that follow.
Table 9.6
All Figures in Billions of Dollars
-Refer to Table 9.6. If taxes are reduced from $100 billion to $50 billion and government spending is reduced from $200 billion to $150 billion, the new equilibrium level of income

A) is $3,550 billion.
B) is $3,350 billion.
C) is $1,600 billion.
D) cannot be determined from this information.