A deficit ceiling directly limits
A)The rate at 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 would directly limit the rate at which government spending can exceed government revenue, thus helping to control the growth of the national debt. It would not directly limit the amount of the national debt, the trade deficit, or inflation.

A Deficit Ceiling Directly Limits