The Stock of Government Debt Will Continue to Rise Unless

question 94

Multiple Choice

The stock of government debt will continue to rise unless the government

• A)runs a budget surplus.
• B)decreases its expenditures.
• C)decreases the size of its transfers.
• D)increases its taxes.
• E)runs a budget deficit.

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Definitions:

Competition-oriented

An approach or strategy focused on understanding, adapting to, and outperforming competitors in the marketplace.

Price Level

The current average cost of goods and services in an economy or specific market, which can affect purchasing power and economic health.

Approaches

The methods or strategies used in dealing with or accomplishing a task or goal.

Book Selling Market

The economic sector involved in the retail and distribution of books to consumers.