If a Local Government Collects Taxes of $250,000,has $175,000 of Government

question 12

Multiple Choice

If a local government collects taxes of $250,000,has $175,000 of government consumption expenditures,makes transfer payments of $75,000,and has no interest payments or investment,its budget would

• A)show a surplus of $100,000.
• B)show a surplus of $75,000.
• C)be in balance with neither a surplus nor a deficit.
• D)show a deficit of $75,000.

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Definitions:

Receptors

Proteins typically found on cell surfaces that bind to specific molecules, triggering a response in the cell.

Signaling Molecules

Chemicals released by cells that communicate and coordinate actions across the body or between organisms, crucial in many biological processes.

Histamine

A compound released by cells in response to injury and in allergic and inflammatory reactions, causing contraction of smooth muscle and dilation of capillaries.

Prostaglandins

A group of physiologically active lipid compounds that have diverse hormone-like effects in animals.