Answered

Find the best solutions to your questions at Westonci.ca, the premier Q&A platform with a community of knowledgeable experts. Join our platform to connect with experts ready to provide precise answers to your questions in different areas. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

If gross investment plus government expenditures total $30 billion, net exports are zero, and there is a lump-sum tax of $30 billion at all levels of real GDP, then the after-tax equilibrium level of real GDP will be: _________

Sagot :

abiolataiwo2015

The after-tax equilibrium level of real GDP will be $540 billion.

What is GDP?

GDP which full meaning is gross domestic product can be defined as the value of goods and service in a country at a particular period of time.

The after-tax equilibrium level of real dross domestic product is $540 billion which is the point or level at which total expenditure of $30 billion equal the lump-sum tax of the amount of $30 billion.

Inconclusion the after-tax equilibrium level of real GDP will be $540 billion.

Learn more about after-tax equilibrium level of real GDP here:https://brainly.com/question/21305457

We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.