Andy Company had a cash balance on May 1 of $ 29 000. At the end of May, the cash balance has increased to $ 30 000. During the month of May, Andy received cash of $ 50 000 from various sources. Based on this information, cash payments for the month of May were .

Which of the following best describes the economic effect that results from the government having a budget surplus? a. consumers save more and spend less, enabling long-term financial planning. b. overall demand decreases, reducing the incentive for producers to increase production. c. banks have more deposits, enabling them to make more loans to investors. d. government spending increases, increasing competition for goods and services and driving prices up.