The national debt
A) decreases with a budget deficit.
B) increases with increases in government spending.
C) increases with open market purchases by the Federal Reserve.
D) increases with a budget deficit.
D
Economics
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What are the factors underlying government taxation and spending decisions?
What will be an ideal response?
Economics
As the percentage of the consumer's income accounted for by a particular good decreases, demand for the good will:
A) tend to become more price elastic. B) tend to become more price inelastic. C) tend to become closer to unit elastic. D) tend toward being perfectly elastic.
Economics