Answer business law questions below

vestion 54 What is a balanced budget? Lot yet inawered Marked out of 1.00 F Flag Select one: question O a. It is the equality of tax revenues and government spending on goods and services. O b. It is the absence of government debt. O c. It is a budget where the government spends over many categories in a balanced fashion. O d. It is the equality of net tax revenues and government spending on goods and servicesHelp Center (? D Question 5 3 pts National Account Value Government Infrastructure spending 100 Government Military Spending 182 Social Security Payments 124 Social Security Tax 147 Total Consumption Total Investment 19 Net Exports 23 Welfare Payments 171 Taxes, Less transfers & Interest Payments 0 Using the above national income accounts, calculate government saving * Previous Next . MacBook AirA- AT Aa x2 A . A Question# 3 (10 marks) Answer the following: a. MPC = .7. What is the government spending multiplier? b. MPC = .85. What is the tax multiplier? c. If the government spending multiplier is 5, what is the tax multiplier? d. If the tax multiplier is -3, what is the government spending multiplier? e. If government purchases and taxes are increased by $150 billion simultaneously, what will the effect be on equilibrium output (income)? English (UK) E FocusQuestion 13 4 pts Which of the following would be an appropriate fiscal policy to deal with a high rate of inflation? Increase taxes Decrease taxes Decrease money supply O Increase government spending Question 14 14 ptsQUESTION 23 C.+1+X+G C+1+X C Aggregate Expenditures 0 Y Y2 Y3 YA Y5 GDP Refer to the diagram. If the full-employment GDP is Ya, government should incur neither a deficit nor a surplus. increase taxes and government spending by equal amounts. reduce taxes and increase government spending. increase taxes and reduce government spending. QUESTION 24 Click Save and Subput to save and submit. Click Save All Ansavers to save all and Save All MacBooks