Refer to the Information Provided in Table 9

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 Table 9.8. If taxes are reduced by $50 billion and government spending is reduced by $50 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.