The national debt refers to
A) when the federal government raises less money than it spends in a given year.
B) the amount of money the federal government gives state governments.
C) the combination of inflation and lack of economic growth.
D) the amount of money collected in taxes by the federal government.
E) the total amount of money the federal government has borrowed.
Correct Answer:
Verified
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Q53: The fiscal year for the federal government
Q54: When the government runs a budget deficit
Q55: When the federal government raises less money
Q57: Taxes on imports from other countries are
Q58: A tax graduated so that people with
Q59: During his administration, President George W.Bush was
Q60: Under the Constitution, _ has the authority
Q61: The _ was signed by the United
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