Identify the Correct Statement

question 92

Multiple Choice

Identify the correct statement.

• A)A budget deficit is a flow variable,while debt is a stock variable.
• B)A budget deficit is a stock variable,while debt is a flow variable.
• C)A budget deficit and debt are both stock variables.
• D)The budget deficit decreases when aggregate demand decreases.
• E)Debt increases when the budget deficit decreases.

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Definitions:

Debit Card

A payment card that deducts money directly from a consumer's checking account to pay for a purchase.

Permission

Formal consent or authorization to do something that would otherwise be prohibited or restricted.

Indorsement

An endorsement, in a financial context, refers to the act of signing the back of a negotiable instrument, which allows for the legal transfer of the instrument’s ownership. If "Indorsement" was misspelled and meant to signify a general approval or support, the term is not accurate.

Reimburse

To pay back or compensate for expenses incurred or losses sustained.