A country can have a negative balance of trade and a positive balance of goods and services

When the price level rises

a) firms will spend less on new business buildings and business equipment and households will want to spend less building new homes. b) the interest rate falls because people will want to hold more money and so sell bonds. c) the interest falls because people will want to hold less money and so buy more bonds. d) firms will spend more on new business buildings and business equipment and households will want to spend more on building new homes.

Economists Chamberlain and Prante of the Tax Foundation note that if the U.S. population in 2004 were grouped into quintiles by income:

A. Only the top income quintile paid more in taxes than the benefits they received from government spending B. The top two income quintiles paid more in taxes than the benefits they received from government spending C. The top three income quintiles paid more in taxes than the benefits they received from government spending D. Only the bottom income quintile paid less in taxes than the benefits they received from government spending