If the Net Public Debt Declined Last Year, Then Which

question 68

Multiple Choice

If the net public debt declined last year, then which of the following most likely occurred during that year?

• A) The government's budget was balanced.
• B) The government experienced a budget surplus.
• C) The government experienced a budget deficit.
• D) The share of foreign holdings of the government's debt increased.

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Definitions:

Scatterplot

A graphical representation where individual data points are plotted on a two-dimensional plane, showcasing the relationship between two variables.

Precipitation

Any form of water - liquid or solid - falling from the sky, including rain, snow, sleet, and hail.

Linear Relationship

A type of association where a change in one variable is directly proportional to a change in another variable.

Precipitation

Any form of water, liquid or solid, falling from the atmosphere, such as rain, snow, sleet, or hail.