Refer to the Graph to Answer This Question

question 87

Multiple Choice

Refer to the graph to answer this question.Which of the following is verified by the graph?

• A)That a budget surplus exists if government spending is G₁ and real GDP is Y₁.
• B)That a budget deficit exists if government spending is G₂ and real GDP is Y₁.
• C)The reduction in government spending from G₁ to G₂ would produce real GDP equilibrium at Y₁.
• D)If government spending was reduced from G₁ to G₂ the budget surplus at Y2 would disappear if real GDP remained at Y₃.
• E)That the budget is balanced if government spending is G₁ and real GDP is Y₃.

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Definitions:

Multicellular Gametangia

Specialized organs found in multicellular plants and algae that produce gametes (reproductive cells).

Green Algae

A large and diverse group of photosynthetic, often aquatic plant-like organisms, important in the ecological balance of many freshwater and marine environments.

Charophytes

Group of green algae closely related to land plants.

Molecular Data

Information obtained at the molecular level, such as DNA sequences, that is used in various fields including genetics and systematics.