If the government runs a deficit, the total amount of government debt is
A) increasing.
B) decreasing.
C) constant.
D) zero.

Name: If the government runs a deficit, the total amount of government debt is A) increasing. B) decreasing. C) constant. D) zero.
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Question

Quizplus · Accepted Answer

When the government runs a deficit, it means that its expenditures exceed its revenues, leading to borrowing to cover the gap. This borrowing increases the total amount of government debt.

If the Government Runs a Deficit, the Total Amount of Government