Which of the Following Statements Is True

question 134

Multiple Choice

Which of the following statements is true?

• A) A budget deficit occurs when government expenditures exceed tax receipts during any single year.
• B) The public debt is the total amount the federal government owes its creditors.
• C) The public debt is greater than the net public debt.
• D) b and c
• E) a,b,and c

---

Definitions:

Cognitive Dissonance

The psychological discomfort experienced when holding two or more conflicting cognitions (thoughts, beliefs, attitudes).

Conformity

The act of aligning one's attitudes, beliefs, or behaviors to match those of a group or social norm.

Cognitive Dissonance

A psychological phenomenon where an individual experiences discomfort from holding two or more contradictory beliefs, ideas, or values simultaneously.

Conflicting Behaviors

Actions or responses that are contradictory or opposed to one another, often causing confusion or internal conflict.