Multiple Choice
If the national debt increases in any given year, it follows that the government:
A) sold bonds in that year to finance a budget surplus.
B) bought bonds in that year to finance a budget surplus.
C) sold bonds in that year to finance a budget deficit.
D) bought bonds in that year to finance a budget deficit.
Correct Answer:
Verified
Correct Answer:
Verified
Q12: How does Social Security make the current
Q13: When the U.S. debt-to-GDP ratio has fallen,
Q14: Government debt is defined as:<br>A)a shortfall of
Q15: The structural deficit:<br>A)rises as the economy expands
Q16: External government debt is:<br>A)government debt owed to
Q18: Which of the following is a reason
Q19: The government decides to reduce its expenditure
Q20: If a $6 billion economy is growing
Q21: If government has no debt initially but
Q22: If the federal government has a budget