The Public Debt Is the

question 177

Multiple Choice

The public debt is the

• A) amount of U.S. paper currency in circulation.
• B) ratio of all past deficits to all past surpluses.
• C) accumulation of all past deficits minus all past surpluses.
• D) difference between current government expenditures and current tax revenues.

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Definitions:

Delinquency

Acts of misconduct or behavior, typically by young people, that violate legal or social norms.

Latina

A woman or girl of Latin American origin or descent, often used within the context of sociocultural identity.

African American

A term referring to Americans of African descent, especially those whose ancestors were enslaved and brought to the United States.

Asian American

Pertains to individuals in the United States who have ancestral origins in the countries of East, Southeast, or South Asia.