Multiple Choice
Which of the following statements is not correct?
A) The law requires Social Security to use its surpluses to purchase U.S. Government securities from the Treasury.
B) Public debt will finance most of the on-budget deficit during the next decade.
C) The Social Security surplus will finance most of the on-budget deficit during the next decade.
D) Foreign debt will finance the on-budget deficit during the next decade.
Correct Answer:

Verified
Correct Answer:
Verified
Q65: An actual deficit is the deficit that
Q66: Which of the following is unlikely to
Q67: Which of the following is most likely
Q68: During boom times a tendency exists for
Q69: Suppose that in an attempt to increase
Q71: That portion of the national debt held
Q72: The Federal budget is a statement of
Q73: If receipts exceed outlays there is a
Q74: Indexing the alternative minimum tax to inflation
Q75: Financing a budget deficit by issuing money