The National Debt Is Defined As

Multiple Choice

The national debt is defined as:

A) the amount by which current government expenditures exceed current government revenues.
B) the amount by which government expenditures have exceeded government revenues over the past decade.
C) the accumulated total of the federal government's deficits and surpluses that have occurred over time.
D) the accumulated total of the federal government's deficits and surpluses that have occurred since World War II.