Which of the Following Statements Is FALSE

question 128

Multiple Choice

Which of the following statements is FALSE?

• A) The federal budget deficit in 2017 was about 3 percent of the GDP.
• B) A budget deficit of $100 billion in a given year increases the public debt by $100 billion.
• C) The public debt of $100 billion is the accumulated debt of all U.S. individuals, firms, and institutions.
• D) During the past five years, the U.S. public debt has been increasing.

Understand how leadership styles affect employee performance through specific examples.

Examine the traits and characteristics essential for servant leadership.

Analyze trends in organizational behavior related to ethics and leadership.

Understand gender differences in leadership perceptions and effectiveness.

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Definitions:

Interest Payment

The amount paid by a borrower to a lender as compensation for the use of borrowed money, usually expressed as a percentage of the principal amount.

Premium on Bonds Payable

The amount by which the bond's selling price exceeds its face value, representing an additional cost to the issuer.

Par Value

The face value of a bond or stock as stated in the corporate charter, not necessarily related to its market value.

Installment Note Payable

A debt or obligation that is paid back in regular installments over a specified period, including both principal and interest payments.