If the federal government runs a budget _______, then the national debt becomes __________.

A. surplus, larger
B. deficit, smaller
C. surplus, smaller
D. deficit, the size of the deficit


Answer: C

Economics

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The Law of Demand states that:

A) the demand for a commodity is mostly influenced by consumers' income. B) the quantity demanded of a commodity is the same for all consumers in a perfectly competitive market. C) the quantity demanded of a commodity varies inversely with the price of the commodity. D) the demand for a commodity always equals the supply of the commodity.

Economics

If short-term government bond rates were indexed

A) such bonds would be a poor hedge against inflation. B) banks and saving and loan institutions would likely lose deposits. C) the government would gain from the implied inflation tax. D) the government would gain from the implied inflation subsidy.

Economics

According to researcher DeVito in the book, several factors will influence your choice of conflict strategies, but this is not one of them

a. Goals b. Emotional State c. Cognitive assessment of the situation d. Intimacy level

Economics

Which of the following is a factor influencing the demand for money?

A) transactions demand B) precautionary demand C) asset demand D) All of the above are correct.

Economics