Multiple Choice
Which of the following statements is true?
A) There is no relationship between the federal deficit and the federal debt.
B) A federal deficit adds to the federal debt.
C) The change in the federal deficit each year equals the federal debt.
D) The federal debt is the same as the federal deficit.
E) The federal debt grew in the period when there was a federal budget surplus.
Correct Answer:
Verified
Correct Answer:
Verified
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