Which of the following would you recommend to your friend about mortgages to save the most money?

get the longest loan possible at the highest interest rate

get the shortest loan possible at the lowest interest rate

get the longest loan possible at the lowest interest rate

get the shortest loan possible at the highest interest rate

Suppose the government enacts a stimulus program composed of $600 billion of new government spending and $300 billion of tax cuts for an economy currently producing a gdp of $14 comma 000 billion. if all of the new spending occurs in the current year and the government expenditure multiplier is 1.5, the expenditure portion of the stimulus package will add nothing percentage points of extra growth to the economy. (round your response to two decimal places.)