Which of the Following Statements Is (Are) True? I

question 242

Multiple Choice

Which of the following statements is (are) true? I. As interest rates fall, the burden of the federal deficit is reduced.
II) As financial markets become more global in scale, it has reduced the burden of the federal deficit.
III) Recent increases in tax revenues due to a growing economy have reduced the federal budget deficit and the national debt.

• A) I only
• B) I and II only
• C) II and III only
• D) I, II, and III only

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Definitions:

Short-term

Relating to or occurring on a brief or immediate timescale, typically within one year, used especially in finance and investment contexts.