pls answer quickly im on a time limit

1 . Why would Congress initiate new tax legislation?

Group of answer choices

a. They might be trying to balance the budget to avoid a deficit

b. All answers are correct.

c. They might be trying to combat high unemployment

d. They might be trying to combat high inflation

2 . Financial institutions weigh the choice between earning interest on excess reserves from the Fed with the option to earn interest by loaning excess reserves to customers. If the Federal Reserve changes the interest rate on excess reserves, it changes the incentive financial institutions have to keep their reserves with the Fed, increasing or decreasing the money supply. What is the opportunity cost for banks when they hold onto their excess reserves?

Group of answer choices

a. The taxes they don't have to pay on the extra income they earned

b. The interest they could have earned by lending that money to customers

c. None of the above.

d. The interest they could have earned if the Fed raised the discount rate

3 . What actions might the government or the Federal Reserve take if unemployment was at 5%?

Group of answer choices

a. The Fed might raise interest rates, and the government might raise taxes

b. The Fed might lower interest rates, and the government might lower taxes

c. The Fed might sell bonds, and the government might decrease spending

d. The Fed and the government will probably take no action as 5% is the acceptable rate of unemployment