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