The Following Schedule Contains Data for a Private Closed Economy

question 206

Multiple Choice

The following schedule contains data for a private closed economy.All figures are in billions.Assume that gross investment is $10 billion. Refer to the above data.If a lump-sum tax of $20 is imposed, the consumption schedule will become:

• A)Column A
• B)Column B
• C)Column C
• D)Column D

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Definitions:

Stimulus

Any object or event that elicits a sensory or behavioral response in an organism.

Subliminal

Referring to stimuli or messages presented below the threshold of conscious perception, capable of influencing thoughts, feelings, or actions.

Bitter Receptors

Sensory taste receptors located on the tongue that are responsible for detecting bitter substances, playing an essential role in taste perception.

Sour Receptors

Specialized sensory cells located in the taste buds that detect sour tastes.