If the federal government has a budget surplus in a given year, the national debt will:
A) decrease.
B) remain constant.
C) increase only if output is below potential output.
D) increase.
Correct Answer:
Verified
Q86: If government has no debt initially but
Q87: Debt is measured relative to GDP because:
A)the
Q88: Deficits and debt are often measured relative
Q89: Which of the following statements about government
Q90: If the national debt increases in any
Q92: If the debt of the federal government
Q93: In what way is government debt like
Q94: One of the reasons government debt is
Q95: Which of the following holds the most
Q96: External government debt is:
A)government debt owed to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents