1. what would most likely happen if congress decreased taxes and increased spending?
economic contraction
economic expansion
economic stability
economic stagnation
2. the federal reserve includes twelve
governing bodies
regional banks
member offices
city officials
3. the country of lilliput has low unemployment and high consumer spending, and small businesses are thriving. however, prices are starting to rise throughout the economy. what should lilliput's government do to prevent inflation from happening?
lower the income tax, which gives citizens less money to spend, and buy services from civilian-owned businesses, which creates more jobs.
lower the income tax, which gives citizens more money to spend, and buy more services from civilian-owned businesses, which creates more jobs.
raise the income tax, which gives citizens less money to spend, and stop buying services from civilian-owned businesses, which eliminates jobs.
raise the income tax, which gives citizens less money to spend, and buy more services from civilian-owned businesses, which creates more jobs.
4. the accumulation of years of spending more money than is collected in revenues over several years creates a budget
debt
deficit
surplus
reversal
5. lowering the discount rate can promote full employment because
employees are more likely to apply for multiple jobs
employees are able to get better offers for hourly wages
companies are more likely to expand and hire more workers
companies are less likely to sign up employees for unemployment insurance

answer(d) encourage cooperation by improving the chances of mutually agreeable transactions;

of the three mortgage options that demarco and tanya have to choose from, the balloon payment mortgage would be their best option, over adjustable payment and fixed payment plans.ultimately, the balloon payment plan would save demarco and tanya overall, in interest, would cost less monthly, and they would only have to make these payments for 8 years, opposing to 30 years for adjustable or fixed payment plans. 

overall, demarco and tanya would save $80,811 if they chose balloon payments over fixed payments, and would save $116,711 if they choose balloon payments over adjustable payments. benefits with choosing fixed payments over adjustable payments is that, in the end, the payments will still be $836.30 a month, while with adjustable payments, the initial monthly payments will be $763.38 to $1082.70 a month, ultimately leading to a more costly purchase. benefits with choosing fixed payments over balloon payments are not present. benefits in choosing adjustable payments over is that it has a lower interest rate, and starts with lower monthly payments initially. benefits in choosing adjustable payments over balloon payments include a lower interest rate, and lower initial monthly payments. benefits in choosing balloon payments over fixed payments include lower interest rates, lower overall price, lower monthly payments, takes less time to pay off, and does not require a downpayment. benefits in choosing balloon payments over adjustable payments include, lower monthly payments (when averaged), takes less time to pay off, and lower overall price.

hence, option c, balloon payments, is the best option for demarco and tanya to make this purchase, for it will save them a minimum of $80811, and a maximum of $116,711.