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If the federal government is running a surplus, taxes must fall O private savings will decrease O the surplus becomes a source of funds for

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If the federal government is running a surplus, taxes must fall O private savings will decrease O the surplus becomes a source of funds for the economy O the current account must be negative Question 30 (1 point) What is paid to U.5. inputs (capital) in foreign countries minus what is paid to foreign inputs (capital) in the U.S. is known as, O net exports O net factor payments O the current account O transfer payments Question 31 (1 point) Counter-cyclical fiscal policy and monetary policy is meant to O increases the inflation rate O increase long-run trend GDP O smooth out the volatility in GDP O increase GDP growth during expansions Question 32 (1 point) What two variables are most important for sustained long run growth? Increasing money supply and decreasing interest rates O Increasing consumption and increasing investment in inventories Decreasing taxes and increasing government expenditures O Increasing capital and increasing total factor productivity

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