Multiple Choice
Which of the following statements is true?
A) The debt is a flow measure and the deficit or surplus is a stock measure.
B) Both the debt and the deficit or surplus are flow measures.
C) Both the debt and the deficit or surplus are stock measures.
D) The debt is a stock measure and the deficit or surplus is a flow measure.
Correct Answer:
Verified
Correct Answer:
Verified
Q28: The total debt of the United States
Q29: Define deficit and surplus.
Q30: In several years, bondholders may lose confidence
Q31: In the formula to calculate the real
Q32: GDP provides an indication of:<br>A)how much interest
Q34: If the debt of the federal government
Q35: Debt needs to be judged relative to
Q36: Deficits and debt are often measured relative
Q37: In the long-run framework, deficits reduce:<br>A)investment.<br>B)government consumption.<br>C)taxes.<br>D)subsidies.
Q38: If the real deficit is $200 billion,