The Data Below Is the Consumption Schedule in an Economy

question 83

Multiple Choice

The data below is the consumption schedule in an economy. All figures are in billions of dollars. Refer to the above table. Given the level of investment at $34 billion, zero net exports, and a lump-sum tax of $30 billion, the addition of government expenditures of $20 billion at each level of GDP will result in an equilibrium GDP of:

• A) $490 billion
• B) $540 billion
• C) $590 billion
• D) $640 billion

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Definitions:

Tabular Layout

A design arrangement that organizes information in rows and columns, making it easy to read and compare.

Form Design Tools

A collection of software tools or features used to create digital forms for data entry, enabling customization of layout, fields, and functionality.

Query Design View

In database management systems, a graphical interface that allows users to create and modify database queries without needing to write SQL code directly.

Control Padding

The space between the contents of a control element and its boundary, affecting the layout and visual appearance of graphical user interface elements.