Which of the Following Will NOT Cause the Public Debt

question 125

Multiple Choice

Which of the following will NOT cause the public debt to change?

• A) an amount of tax collection by the government more than it spends
• B) government budget deficit
• C) government budget surplus
• D) balanced budget

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Definitions:

Gross Profit

The financial metric determining the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Retailer

An entity that sells goods or commodities directly to consumers.

Wholesalers

Businesses that buy goods in large quantities from producers to sell them in smaller quantities to retailers or other businesses.

Perpetual Inventory

An inventory management system where inventory levels are updated in real-time following each purchase or sale.