Multiple Choice
Which of the following would reduce the level of the net debt of the federal government?
A) Cut expenditure and raise revenue to reduce the deficit from $400 billion to $100 billion.
B) Balance the federal budget.
C) Run an annual surplus.
D) All of the above.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Impoundment occurs during which stage of the
Q2: Which statement about federal mandatory spending is
Q4: The PAYGO budget requirement means:<br>A) that only
Q5: Which of the following categories of federal
Q6: Which of the following is not discretionary
Q7: Which of the following best describes the
Q8: In what decade was the first Congressional
Q9: Which of the following did the Balanced
Q10: A continuing resolution enables an agency to:<br>A)
Q11: Suppose that when he took office in