In Recent Decades, How Has the U

Multiple Choice

In recent decades, how has the U.S. national debt typically compared to its annual budget balance?

A) The debt has been much larger than the budget balance.
B) The debt has been much smaller than the budget balance.
C) The debt has tended to be bigger than the budget balance during recessions and smaller during expansions.
D) The debt has tended to be smaller than the budget balance during recessions and bigger during expansions.