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Figure 32-1

question 173

Multiple Choice

Figure 32-1
Figure 32-1 -In Figure 32-1, there are four levels of income.G is government expenditures and TT is taxes less transfers.At which level of income is the actual deficit the greatest? A) Y4 B) Y3 C) Y2 D) Y1
-In Figure 32-1, there are four levels of income.G is government expenditures and TT is taxes less transfers.At which level of income is the actual deficit the greatest?

Figure 32-1 ​

Definitions:

Figure 32-1