Refer to the Information Provided in Table 9

Multiple Choice

Refer to the information provided in Table 9.7 below to answer the questions that follow.
Table 9.7
All Numbers are in $ Million
-Refer to Table 9.7. Suppose the economy is in equilibrium and the government raises taxes from $200 million to $250 million, equilibrium output will ________ by $________ million.

A) decrease; 50
B) increase; 50
C) decrease; 200
D) increase; 200