Consider the government's budget balance. Suppose G = 400 and the government's net tax revenue is 20 percent of national income (Y). Government saving is negative for all values of Y
A)above 10 000.
B)above 8000.
C)above 2000.
D)below 8000.
E)below 2000.

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The Answer of Consider the government's budget balance. Suppose G = 400 and the government's net tax revenue is 20 percent of national income (Y). Government saving is negative for all values of Y
A)above 10 000.
B)above 8000.
C)above 2000.
D)below 8000.
E)below 2000.

Consider the Government's Budget Balance