Which of the following statements is truea federal debt is, Ask an Expert

Economics

Which of the following statements is true?

A: federal debt is another name for federal budget deficit.

B: each year the budget deficit of the federal government adds to the federal debt

C: each year the change in the federal budget deficit is equal to the level of the federal debt

D: federal debt is only what the federal government owes to other countries

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91673165

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