If the Federal Government Has a Budget Surplus in a Given

question 22

Multiple Choice

If the federal government has a budget surplus in a given year, the national debt will:

• A)decrease.
• B)remain constant.
• C)increase only if output is below potential output.
• D)increase.

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Definitions:

Formal Deviance

Behaviors that violate formal written laws, rules, or expectations, resulting in possible legal penalties or sanctions.

Crime

The act of violating a law for which a governing authority has set a penalty.

Stigmatizing

The act of making someone feel ashamed or disgraced, often by public disapproval or condemnation.

Social Status

refers to the relative rank or position that an individual holds within a social hierarchy, which can be determined by factors such as wealth, occupation, or family lineage.