A deficit ceiling directly limits
A)The amount by which government spending can exceed government revenue.
B)The amount of the national debt.
C)The trade deficit.
D)Inflation.

Question

Quizplus · Accepted Answer

A deficit ceiling directly limits the amount by which government spending can exceed government revenue. It does not directly limit the amount of the national debt or the trade deficit, nor does it directly address inflation.

A Deficit Ceiling Directly Limits