The Federal Government Debt Is Equal to the

question 24

Multiple Choice

The federal government debt is equal to the

• A) sum of all annual federal government outlays.
• B) obligations of benefits from federal taxes and expenditures.
• C) annual difference between federal government tax revenues and outlays.
• D) sum of past budget deficits minus the sum of past budget surpluses.

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Definitions:

Veterans Administration

A federal agency that provides comprehensive healthcare services to military veterans.

Federal Register

The official journal of the federal government of the United States that contains government agency rules, proposed rules, and public notices.

Effective Date

The date on which an agreement, policy, or law comes into force.

Publication

The process of making information available to the general public, often through printing, broadcasting, or digital dissemination.