Fill in the blanks to make the following statements correct.

a. In our macro model, government purchases ( G ), is __________ with respect to national income.

b. G does not include ____________ . Net tax revenue ( T ), is total tax revenue collected by all governments, minus ___________ .

c. The net tax rate, t , indicates the increase in tax revenues generated when national income increases by ______________ .

d. T enters the AE function only indirectly through its effect on __________ in the consumption function.

e. If G is larger than T , there is a budget ____________ .

If G is smaller than T , there is a budget _____________ .

The budget is in balance when ____________ .