13.

(05.04 LC) Which of the following negatively affects the government's expenditure on various future obligations? (2 points)

	A surplus in the government revenue
	Inflation in the economy
	Lags in government policies
	Interest on borrowed funds
	Fluctuations in the business cycle

14.

(05.05 MC) The table below depicts a closed economy with no international trade of any kind.

Government spending	$142 billion
Social security payments	$183 billion
Private investment	$200 billion
Revenue from taxation	$275 billion

Based on this data, which of the following is true? (2 points)

	The government is running a balanced budget.
	The government has savings equal to private investment.
	The government will have to borrow funds to finance its deficit.
	The government is supplying funds in the loanable funds market.
	The government should decrease taxation in the future.

15.

\fCapital Labor