Refer to the Information Provided in Figure 9

question 238

Multiple Choice

Refer to the information provided in Figure 9.1 below to answer the questions that follow. Figure 9.1
-Refer to Figure 9.1. Suppose that the consumption function is C = 400 + 0.5Yd and taxes are $200 billion, at equilibrium the value of autonomous consumption is

• A) $400 billion.
• B) $300 billion.
• C) $200 billion.
• D) $100 billion.