12. The national debt in the current year is a. equal to the national debt at the beginning of the year minus the annual budget deficit. b. equal to the national debt at the end of the year plus the annual budget deficit. C. equal to the national debt at the beginning of the year plus the annual budget deficit. d. none of the above.
12. The national debt in the current year is a. equal to the national debt at the beginning of the year minus the annual budget deficit. b. equal to the national debt at the end of the year plus the annual budget deficit. C. equal to the national debt at the beginning of the year plus the annual budget deficit. d. none of the above.
Chapter23: Federal Deficits, Surpluses, And The National Debt
Section: Chapter Questions
Problem 8SQP
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12. The national debt in the current year is
a. equal to the national debt at the beginning of the year minus the annual budget deficit.
b. equal to the national debt at the end of the year plus the annual budget deficit.
C. equal to the national debt at the beginning of the year plus the annual budget deficit.
d. none of the above.
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