Most of the U. S. national debt is owed to _________. Thus a rising national debt implies that there will be a future redistribution of income and wealth in favor of ___________.
A) foreigners, foreigners
B) other U.S. citizens, bondholders
C) foreigners, those needing government services
D) Other U.S. citizens, those needing government services
Correct Answer:
Verified
Q2: Each year, the president must submit a
Q4: Currently, the Social Security Trust Fund is
Q4: The federal budget process begins when federal
Q5: If the federal government runs a budget
Q6: Which of the following is true ?
A)
Q7: The national debt is the:
A) difference between
Q13: If the fiscal year begins without a
Q14: It is important to distinguish between the
Q15: When the U. S. federal government runs
Q20: If Congress fails to pass a budget
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