If the national debt rises to the debt ceiling and there is currently a budget ____, the Congress and the President must agree to ____ the debt ceiling or else the federal government will have insufficient funds to pay its bills and will be forced to shut down.
A) surplus, lower
B) deficit, raise
C) surplus, lower.
D) none of the above
Correct Answer:
Verified
Q11: How does inclusion of the current revenues
Q13: Between 1998 and 2001, the federal budget
Q14: Which of the following correctly describes the
Q17: Compared to the Japan, the national debt
Q19: Which of the following groups analyzes federal
Q20: As the national debt grows as a
Q21: The sum of past federal budget deficits
Q22: Among the major industrial economies, which of
Q23: The sum of past federal deficits is
Q116: If the federal government were to run
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