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Use this budget (assuming the government pays no interest and no debt existed before year 1) to answer questions 26-33 Revenues Expenditures Year 1 $100 billion $550 billion Year 1 $100 billion $450 billion Year 1 $100 billion $400 billion Year 1 $100 billion $450 billion Year 1 $100 billion $450 billion Year 6$750 billion $550 billion Question 8 (1 point) At the completion of year 4, which of the following would be a true statement the government's deficit increased by $150 billion the government's deficit decreased by $150 billion the government's debt increased by $350 billion the national debt did not grow two of the above are correct Question 9 (1 point) At the completion of year 5, which of the following would be a true statement: the government's debt increased by $550 billion the government's deficit decreased by $50 billion the government experienced zero deficit growth the national debt did not grow two of the above are correct Question 10 (1 point) Identify - after year 6 if the government redirects the budget surplus into "other" programs: zero debt growth spending zero deficit growth spending operating a balanced budget Onone of the above Question 11 (1 point) After year 6 when using the true accounting approach, which of the following would be correct? the national debt is at $1.2 trillion the national debt is at $250 billion the national debt is at $1.6 trillion the national debt is at $350 billion