If national income is $40 000 million and government spending is $15 000 million, the economy is at equilibrium but remains below full employment. For each rise of $100 in national income, $15 goes in taxes, $30 is used on imports and $5 is saved. In order to lift national income to the full employment level of $50 000 million, to what level must the government increase its own spending?
- A$15 500 million
- B$20 000 million
- C$25 000 million
- D$35 000 million