Solved

The Federal Government Debt Is Equal to the

Question 45

Multiple Choice

The federal government debt is equal to the


A) obligations of benefits from federal taxes and expenditures.
B) sum of all annual federal government outlays.
C) sum of past budget deficits minus the sum of past budget surpluses.
D) annual difference between federal government tax revenues and outlays.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q40: In January 2013 certain tax rates increased,

Q41: In 2017, the U.S. government budget had

Q42: When tax revenues exceed outlays, the government

Q43: A new country has been in existence

Q44: -What is the</p></div><svg width=

Q46: Suppose a country has been running a

Q47: The U.S. government's budget
A) must be balanced

Q48: The gross public debt was approximately $6

Q49: The sum of past budget deficits minus

Q50: By definition, a government budget deficit is

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents