Multiple Choice
The national debt is
A) a flow variable showing the amount by which the government's spending is greater than its revenues in a given year
B) a stock variable showing the amount by which the government's spending is greater than its revenues in a given year
C) a stock variable measuring the net accumulation of past deficits
D) a flow variable measuring the net accumulation of past deficits
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q59: Bigger government budget deficits may be expected
Q60: The annual Economic Report of the President
Q61: The crowding in of private investment is
Q64: Which of the following would decrease the
Q65: Cyclical budget deficits refer to<br>A)the fact that
Q66: One explanation for persistent federal budget deficits
Q67: Approximately what percentage of the U.S.federal budget
Q68: When there are large federal budget deficits,the
Q78: Because of automatic stabilizers, government budget deficits
Q95: The opportunity cost of deficit spending is