When a government chooses to have a zero deficit with regard to revenues and spending, it is operating with what kind of budget?

If society decides it wants more of one good and ________, then it has to give up some of another good and incur some opportunity costs

A) new resources are discovered B) all resources are fully utilized C) technology advances D) resources are underutilized

Exemptions and deductions are used

A) to determine what items are subject to sales taxes. B) by taxpayers to reduce the amount of income subject to tax. C) to add to taxes that must be paid. D) to determine the type of tax structure.