Need some help with the following questions, thanks!

The following table provides some information on government spending (G) and tax revenues (T) at different levels of real GDP in a hypothetical e COFI O my. Note: Throughout this problem you can assume, for simplicity, that government transfers are zero. Real GDP Government Spending (G) Tax Revenues (T) ( Billions of dollars) ( Billions of dollars) ( Billions of dollars) 468 72 7'0 500 72 ?2 54o 72 74 Use the blue line {circle symbols) to plot the government spending schedule presented in the table. Then use the orange line (square symbols) to plot the economy's tax revenues schedule. 8|] 0 T8 76 G 7,, |:| T 7" $0 '53 Decits 66 h Surpluses T2 62 GOVERNMENT SPENDING AND TAXES (Bllllons of dollars) 6|] 400 420 440 460 480 500 520 540 560 580 600 REAL GDP (Billions of dollars) Consider the government spending and tax revenues schedules you plotted. when real GDP is $540 billion, the government runs a budget vor v Use the purple triangle (diamond symbols) to shade the region between the tax revenues schedule and the government spending schedule in which the levels of real GDP are associated with government budget deficits. Then use the green triangle ( triangle symbols) to shade the region between the two schedules in which the levels of real GDP are associated with budget surpluses. which of the following are examples of automatic stabilizers? Check all that apply. [3 In response to the 2008 recession, Congress approved billions of dollars of additional spending on public infrastructure projects. [3 As corporate prots rise during an economic expansion, corporate income tax revenues rise. [3 As people earn higher incomes during an expansion, the progressive tax system requires them to pay higher average tax rates. [:1 As unemployment falls during an expansion, unemployment insurance payments decline. Suppose that the following curve shows tax revenues at various tax rates in a hypothetical economy. \\ 2|] TAX REVENUE (Bllllons of dollars) (I 100 INCOME TAX RATE (Percent) Complete the following table by indicating what the government should do in order to maximize tax revenues if it is operating at each of the points listed. Point Raise Tax Rates Lower Tax Rates Keep Current Tax Rates R O O O s O O O