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Question 1, 7.1 Question 16 HW Score: 0%, 0 of 5 points Part 1 of3 0 Points: 0 of 1 Consider the following table showing

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Question 1, 7.1 Question 16 HW Score: 0%, 0 of 5 points Part 1 of3 0 Points: 0 of 1 Consider the following table showing national income in billions. of dollars. Assume that the net tax rate is 15% and the level of government expenditure is $50 billion. Calculate the budget balance for each level of actual income and ll in the table below. (Round your responses to the nearest whole number.) Actual National income (Y) Budget Balance (T - G) (Billions of $1 (Billions of 3) 100 200 300 400 500 600 DENIED E]

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