In which situation does the national debt decrease? A. The federal government has a balanced budget. B. The federal government has an increase in the federal deficit from the previous fiscal year. C. The federal government has a surplus in the budget. D. The federal government has a decrease in the federal deficit from the previous fiscal year but still has a deficit.

icon
Related questions
Question

In which situation does the national debt decrease?

A. The federal government has a balanced budget.
B. The federal government has an increase in the federal deficit from the previous fiscal year.
C. The federal government has a surplus in the budget.
D. The federal government has a decrease in the federal deficit from the previous fiscal year but still has a deficit.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer