Which of the Following Is True

Multiple Choice

Which of the following is true?

A) Though not required by law, the government tends to run a balanced budget year after year.
B) If there is a budget deficit, the government must borrow to pay for the excess spending.
C) If there is a budget deficit, the government must ask the Fed to print money to finance excess spending.
D) By law the federal budget must balance.
E) If there is a budget deficit, the government must raise taxes.