The total of all past government borrowing,minus government budget surpluses,is called the
A) national cost.
B) public debt.
C) net debt load.
D) fiscal cost.
Correct Answer:
Verified
Q21: An increasing budget deficit stimulates the economy
A)
Q22: In 2010,federal,state,and local governments spent an estimated
A)
Q23: The government's decisions about spending and taxation
Q24: Government spending is funded by a system
Q25: A result of budget deficits is that
Q27: When the government competes with the private
Q28: The excess of the federal government's spending
Q29: Supply-side economics states that cutting taxes can
Q30: In the short term,a decrease in taxes
Q31: The short-term impact of government spending on
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