The national debt is the total amount the ________ government(s)has (have)________ to make expenditures that exceed tax revenue.

Question

Quizplus · Accepted Answer

The question specifically mentions "national" debt, which suggests that it is referring to the federal government rather than state or local governments. The question also mentions expenditures that exceed tax revenue, which implies that the government is borrowing money to cover those expenses. Therefore, the most logical choice is E, which states that the national debt is the total amount the federal government has borrowed to make expenditures that exceed tax revenue.

The National Debt Is the Total Amount the ________ Government(s)has