Assume Congress enacts a $500 billion increase in spending and a $500 billion tax increase to finance the additional government spending. The result of this balanced budget approach is a

A23 – year – old male buys 100/300/100 liability insurance, collision insurance with a $100 deductible, and comprehensive insurance with a $250 deductible? what is his total annual premium? (a) $1142.00 (b) $1765.45 (c) $1770.10 (d) $1785.25