Which of the following statements is true concerning the U.S.national debt?
A) Budget surpluses in 2002 and 2003 have reduced the national debt.
B) U.S.government agencies own about 42 percent of the total national debt.
C) Private American citizens own over 70 percent of the total national debt.
D) Foreigners hold 50 percent of the total national debt.
Correct Answer:
Verified
Q159: The "crowding out" effect suggests that:
A)government spending
Q276: If the crowding-out effect is large,then when
Q278: Which of the following can be called
Q279: Conservative economists believe that the crowding-out effect
A)is
Q280: Automatic stabilizers
A)include legislation making them more effective.
B)require
Q282: Which statement is true?
A)The Keynesians and the
Q283: The "crowding-out effect" suggests that
A)tax increases are
Q284: The "crowding-in" effect suggests that
A)government spending is
Q285: Which statement is true?
A)During prosperity,federal government borrowing
Q286: A crowding-in effect occurs
A)When an increase in
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents