The national debt is
A) The amount by which tax revenues exceed government spending for a given year.
B) The accumulation of all annual deficit and surplus flows.
C) The amount by which government spending exceeds tax revenues for a given year.
D) A fairly risky asset that pays interest.
Correct Answer:
Verified
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Q59: If the structural deficit is zero,
A)Federal tax
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Q61: Internal ownership of the national debt occurs
Q62: U.S.Treasury bonds owned by U.S.households,institutions,and government entities
Q63: Which of the following contributed to the
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