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Refer to the Information Provided in Table 9

Question 183

Multiple Choice

Refer to the information provided in Table 9.8 below to answer the questions that follow.
Table 9.8
All Figures in Billions of Dollars
Refer to the information provided in Table 9.8 below to answer the questions that follow. Table 9.8 All Figures in Billions of Dollars -Refer to Table 9.8. If taxes are reduced from $100 billion to $50 billion, the new equilibrium level of output is A) $4,050 billion. B) $3,850 billion. C) $2,100 billion. D) $1,600 billion.
-Refer to Table 9.8. If taxes are reduced from $100 billion to $50 billion, the new equilibrium level of output is


A) $4,050 billion.
B) $3,850 billion.
C) $2,100 billion.
D) $1,600 billion.

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