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 gross investment remains at $10 at all levels of GDP,the after-tax equilibrium level of GDP will be:
A) $220
B) $190
C) $180
D) $160

Question

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 gross investment remains at $10 at all levels of GDP,the after-tax equilibrium level of GDP will be:
A) $220 
B) $190 
C) $180 
D) $160

Quizplus · Accepted Answer

The Answer of 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 gross investment remains at $10 at all levels of GDP,the after-tax equilibrium level of GDP will be:
A) $220 
B) $190 
C) $180 
D) $160

The Following Schedule Contains Data for a Private Closed Economy