If the Federal Government Is Running a Budget Surplus

question 109

Multiple Choice

If the federal government is running a budget surplus,

• A) its expenditures must be greater than its revenues.
• B) the supply of money will decline.
• C) it will be able to reduce its outstanding debt.
• D) the U.S. Treasury will have to borrow additional funds in order to cover the surplus.

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Definitions:

Transform

To make a thorough or dramatic change in form, appearance, or character of something or someone.

Anxiety

A feeling of worry, nervousness, or unease about something with an uncertain outcome, often reflecting a reaction to stress.

Cursed

Describes an object, person, or area afflicted by a supernatural power to bring harm or misfortune.

Female

Referring to the sex of an organism, or a human, that produces eggs or ovum and typically has XX chromosomes.