Identify the Incorrect Statement About the U.S.federal Deficit

question 68

Multiple Choice

Identify the incorrect statement about the U.S.federal deficit.

• A)The U.S.is now the world's leading creditor.
• B)The U.S.borrows huge sums from abroad.
• C)Some critics blame U.S.fiscal policy as reflected in the large federal deficits for the switch of the U.S.from creditor to debtor nation.
• D)Japan and China are big buyers of U.S.Treasury securities.
• E)The federal budget,on an average,had a deficit of 3.0 percent relative to GDP.

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Definitions:

Word

In computing, a fixed-sized piece of data handled as a unit by the instruction set or hardware of the processor.

Register

A small, fast storage location within a CPU, used for holding instructions, addresses, or data that is being processed or manipulated.

Move Instruction

A command in PLC programming that copies data from one address to another.