
Economic Analysis of Social Issues 1st Edition by Alan Grant
Edition 1ISBN: 978-0134098371
Economic Analysis of Social Issues 1st Edition by Alan Grant
Edition 1ISBN: 978-0134098371 Exercise 39
The sum of all past federal government deficits minus the sum of all past federal government surpluses is called the ________.
A) Budget deficit
B) FICA
C) Debt/GDP ratio
D) Federal debt
A) Budget deficit
B) FICA
C) Debt/GDP ratio
D) Federal debt
Explanation
Any economy is said to have budget surpl...
Economic Analysis of Social Issues 1st Edition by Alan Grant
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