Table 24.8 All Figures in Billions of Dollars Consumption Spending Output Income) Net Taxes (C= 100 + 0.9Yd) Savings 2,600 2,800 3,000 3,200 3.400 3,600 3,800 100 100 100 100 100 100 100 2,350 2,530 2710 2,890 3.070 3,250 3,430 150 170 190 210 230 250 270 Planned Investment Purchases 150 150 150 150 150 150 150 Government Spending 200 200 200 200 200 200 200 Refer to Table 24.8 If taxes are reduced from S100 billion to $50 billion, the new equilibrium level of output is Lutfen birini seçin O A $3,850 billion OB S1.600 billion O C SLB00 billion O D S2 100 billion

Principles of Microeconomics (MindTap Course List)
8th Edition
ISBN:9781305971493
Author:N. Gregory Mankiw
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Chapter12: The Design Of The Tax System
Section12.1: An Overview Of U.S. Taxation
Problem 1QQ
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Table 24.8
All Figures in Billions of Dollars
Consumption
Spending
Output
KIncome) Net Taxes (C= 100 + 0.9Yd) Savings
2,600
2,800
3.000
3,200
3.400
3,600
3,800
100
100
100
100
100
100
100
2,350
2,530
2,710
2,890
3,070
3,250
3,430
150
170
190
210
230
250
270
Planned
Investment
Purchases
150
150
150
150
150
150
150
Government
Spending
200
200
200
200
200
200
200
Refer to Table 24.8 If taxes are reduced from $100 billion to $50 billion, the new equilibrium
level of output is
Lutfen birini seçin
O A $3.850 billion
OB SL,600 billion
O C SLB00 billion
OD $2.100 billion
OE $4.050 billion
Transcribed Image Text:Table 24.8 All Figures in Billions of Dollars Consumption Spending Output KIncome) Net Taxes (C= 100 + 0.9Yd) Savings 2,600 2,800 3.000 3,200 3.400 3,600 3,800 100 100 100 100 100 100 100 2,350 2,530 2,710 2,890 3,070 3,250 3,430 150 170 190 210 230 250 270 Planned Investment Purchases 150 150 150 150 150 150 150 Government Spending 200 200 200 200 200 200 200 Refer to Table 24.8 If taxes are reduced from $100 billion to $50 billion, the new equilibrium level of output is Lutfen birini seçin O A $3.850 billion OB SL,600 billion O C SLB00 billion OD $2.100 billion OE $4.050 billion
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