Over a decade or longer,a government budget deficit

Question

Quizplus · Accepted Answer

A government budget deficit means that the government is spending more money than it is collecting in revenue, which leads to an increase in the national debt. This increase in debt reduces national saving because individuals and households may be hesitant to save their money in an economy with a large and growing national debt, causing economic growth to slow down. Therefore, option B is the correct answer.

Over a Decade or Longer,a Government Budget Deficit