What Is the Difference Between the National Deficit and the National

question 44

Multiple Choice

What is the difference between the national deficit and the national debt?

• A) The debt is the yearly amount government expenses exceed revenue. The deficit is the accumulation of the deficits over the years.
• B) The deficit is based on the distribution of entitlement programs. The debt is the ceiling for the federal budget.
• C) The deficit is the yearly amount government expenses exceed revenue. The debt is the accumulation of the deficits over the years.
• D) The deficit is the portion of the federal budget allocated by Congress. The debt is the portion of the budget allocated by the executive branch.

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Definitions:

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