Which of the Following Is True Concerning the National Debt

question 21

Multiple Choice

Which of the following is true concerning the national debt?

• A)It equals the budget deficit.
• B)When the budget deficit is declining,the national debt will fall.
• C)A budget deficit will reduce the national debt.
• D)A budget surplus will reduce the national debt.

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Definitions:

Adjusted

Modified or changed for a more accurate comparison or calculation, often in financial contexts.

Financing Activities

Transactions involving changes in equity and borrowings of the company, reported in the cash flow statement.

Net Cash

The difference between a company's total cash inflows and outflows over a specific period.

Operating Activities

Business actions that are directly related to the production, sale, and delivery of products or services, which are reflected in the company's income and cash flow statements.