One of the most responsive components of investment to changes in interest rates are

If the Federal budget is passed with expected revenues of $1.3 trillion dollars and expected expenditures of $1.1 trillion dollars, then the difference of $200 billion dollars is the:

A. National debt. B. Budget deficit. C. Budget surplus. D. Debt service. E. Debt ceiling.

Refer to the figure above. If a per-unit tax of $3 is imposed on the sale of Good X, what is the tax revenue received by the government?

A) $20 million B) $10 million C) $12 million D) $60 million