Government expenditure ________ change potential GDP and taxes ________ change potential GDP

________ choose(s) the quantities of goods and services to produce, while ________ choose(s) the quantities of goods and services to buy

A) Firms; only households B) Households; the government C) Households; firms D) Firms; households and the government E) The government; firms

In the United States for the year 2014, the federal government had a ________ so the national debt was ________

A) budget deficit; increasing B) balanced budget; not changing C) budget surplus; decreasing D) budget deficit; decreasing E) budget surplus; increasing