Answer the Question on the Basis of the Following Table

question 113

Multiple Choice

Answer the question on the basis of the following table: Refer to the table.If an additional lump-sum tax of $20 were imposed,we would expect:

• A) equilibrium GDP to fall by $30.
• B) equilibrium GDP to fall by $20.
• C) equilibrium GDP to fall by $50.
• D) equilibrium GDP to rise by $24.