The relationship between the government's debt and the government's deficit (or surplus) is
A) the change in the debt for a year is equal to the deficit (or surplus) for that year.
B) the change in the deficit for a year is equal to the debt (or surplus) for that year.
C) the change in the surplus for a year is equal to the debt (or deficit) for that year.
D) the debt and deficit are the same.
Correct Answer:
Verified
Q4: The national debt
A) is the annual difference
Q5: In a year when government spending is
Q6: In a year when government spending is
Q7: In a year when government spending is
Q8: In a year when government spending is
Q10: Each of the following is a reason
Q11: A rising government debt
A) tends to increase
Q12: A rising government debt
A) tends to decrease
Q13: A rising government debt
A) tends to increase
Q14: A rising government debt
A) tends to increase
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