Multiple Choice
Each year the federal government spends more money than it takes in from revenue, as it has since the late 1990s.The difference is added to the _________________, or the total amount of money owed by the U.S.government, which sat at $20 trillion in late 2017.
A) national debt
B) national deficit
C) federal notes receivable
D) federal debt ceiling
Correct Answer:
Verified
Correct Answer:
Verified
Q10: A federal program that provides uniform minimum
Q11: Who controls the Federal Reserve System?<br>A) Largely
Q13: Worker contributions to Social Security accumulate in
Q14: Because nearly all social policies are redistributive-that
Q16: Pell Grants, which help pay for the
Q16: Discuss the advantages and disadvantages of regressive
Q17: Discuss how the federal government has been
Q18: The federal government's annual taxing and spending
Q19: The world's increasingly interconnected economy relies upon
Q59: Government makes a market economy possible.