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Title: Which of the following is correct with regard to budget deficits and the national debt? Post by: fatman on Oct 8, 2017 Which of the following is correct with regard to budget deficits and the national debt?
A) There is no relationship between annual budget deficits and the total national debt. B) Canada's national debt is the amount of money Canada owes the United States. C) A budget deficit occurs when income tax revenue is less than interest payments on the national debt. D) The national debt is more important than annual budget deficits. E) A budget deficit occurs when government expenditures in a given year exceed government revenues. Title: Re: Which of the following is correct with regard to budget deficits and the national debt? Post by: Caven on Oct 8, 2017 Content hidden
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