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The Accompanying Table Is the Before-Tax Consumption Schedule for a

Question 45

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 Gross Domestic Product (GDP)   Consumption (C)  $0$40100120200200300280400360\begin{array} { | c | c | } \hline \text { Gross Domestic Product (GDP) } & \text { Consumption (C) } \\\hline \$ 0 & \$ 40 \\\hline 100 & 120 \\\hline 200 & 200 \\\hline 300 & 280 \\\hline 400 & 360 \\\hline\end{array} The accompanying table is the before-tax consumption schedule for a closed economy. If a lump-sum tax (the same tax amount at each level of GDP) of $40 is now imposed in this economy, the consumption
Schedule will be


A)  GDP  C $0$810088200168300248400320\begin{array} { | r | r | } \hline \text { GDP } & \text { C } \\\hline \$ 0 & \$ 8 \\\hline 100 & 88 \\\hline 200 & 168 \\\hline 300 & 248 \\\hline 400 & 320 \\\hline\end{array}
B)  GDP  C $0$010080200160300240400320\begin{array} { | r | r | } \hline \text { GDP } & \text { C } \\\hline \$ 0 & \$ 0 \\\hline 100 & 80 \\\hline 200 & 160 \\\hline 300 & 240 \\\hline 400 & 320 \\\hline\end{array}
C)  GDP  C $0$1010090200170300250400310\begin{array} { | c | r | } \hline \text { GDP } & \text { C } \\\hline \$ 0 & \$ 10 \\\hline 100 & 90 \\\hline 200 & 170 \\\hline 300 & 250 \\\hline 400 & 310 \\\hline\end{array}
D)  GDP  C $0$010060200120300180400240\begin{array} { | c | c | } \hline \text { GDP } & \text { C } \\\hline \$ 0 & \$ 0 \\\hline 100 & 60 \\\hline 200 & 120 \\\hline 300 & 180 \\\hline 400 & 240 \\\hline\end{array}

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