If the government has a balanced budget, the total amount of government debt is
A) increasing.
B) zero.
C) decreasing.
D) constant.

Name: If the government has a balanced budget, the total amount of government debt is A) increasing. B) zero. C) decreasing. D) constant.
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Question

Quizplus · Accepted Answer

A balanced budget means that government revenues equal government expenditures, so the total amount of government debt remains constant.

If the Government Has a Balanced Budget, the Total Amount