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Answer the Question on the Basis of the Following Table

Question 125

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Answer the question on the basis of the following table: Answer the question on the basis of the following table:   Refer to the table.If an additional lump-sum tax of $20 were imposed,we would expect: A)  equilibrium GDP to fall by $30. B)  equilibrium GDP to fall by $20. C)  equilibrium GDP to fall by $50. D)  equilibrium GDP to rise by $24. Refer to the table.If an additional lump-sum tax of $20 were imposed,we would expect:


A) equilibrium GDP to fall by $30.
B) equilibrium GDP to fall by $20.
C) equilibrium GDP to fall by $50.
D) equilibrium GDP to rise by $24.

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