Using the information in the table above, calculate the government's budget deficit or surplus

With normally-sloped IS and LM curves, an increase in government expenditure ________ consumption expenditure since autonomous consumption ________ while induced consumption ________

A) can raise or lower, falls, rises B) can raise or lower, rises, falls C) must decrease, falls, also falls D) must decrease, rises, falls E) must increase, rises, also rises

At any point where a monopolist's marginal revenue is positive, the downward-sloping straight-line demand curve is:

A. perfectly elastic, as is the perfectly competitive firm's. B. elastic but not perfectly elastic, and a perfectly competitive firm's demand curve is perfectly elastic. C. elastic but not perfectly elastic, and a perfectly competitive firm's demand curve is perfectly inelastic. D. inelastic, while a perfectly competitive firm's demand curve is perfectly elastic.