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Question 1, 7.1 Question 16 HW Score: 0%, 0 of 5 points Part 1 of 3 O Points: 0 of 1 Save Consider the following

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Question 1, 7.1 Question 16 HW Score: 0%, 0 of 5 points Part 1 of 3 O Points: 0 of 1 Save Consider the following table showing national income in billions of dollars. Assume that the net tax rate is 40% and the level of government expenditure is $50 billion. Calculate the budget balance for each level of actual income and fill in the table below. (Round your responses to the nearest whole number.) Actual National Income (Y) Budget Balance (T - G) (Billions of $) (Billions of $) 100 200 300 400 500 600

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