Which of the Following Statements Is True

question 14

Multiple Choice

Which of the following statements is true ?

• A) The national debt is the current year's amount by which the government is spending more than it collects as taxes.
• B) Deficits are financed by the government issuing for sale more government securities.
• C) The debt ceiling refers to the amount of debt at which the government is officially declared as being bankrupt.
• D) Internal national debt is the portion of the national debt owed to foreigners.

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Definitions:

Double Negatives

A grammatical construction that uses two negative elements to convey a positive assertion indirectly.

Hidden Negatives

Subtle, often overlooked elements that may have a negative impact or convey a negative message.

Arrogant

Exhibiting an overbearing sense of self-importance or superiority.

Indicator

A sign or piece of information that indicates the state or level of something, often used in contexts like finance, science, or health.