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Quickly Question 10 Not yet answered Marked out of 1.00 Flag question The difference between what a government spends and what it collects in taxes

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Question 10 Not yet answered Marked out of 1.00 Flag question The difference between what a government spends and what it collects in taxes in a year is a. the government debt. O b. net taxes. c. the government budget deficit or surplus. d. net revenue. Question 11 Not yet answered Marked out of 1.00 Flag question The aggregate consumption function is C = 100 +.6(Y-T). The spending multiplier equals: a. 0.6 b. 0.4 C. 2.5 O d. 1.67

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