The federal budget deficit has been over 30 percent of GDP since the early 1980s

ID: 1178239 • Letter: T

Question

The federal budget deficit has been over 30 percent of GDP since the early 1980s.

A)True

B)False

To finance a federal budget deficit, the U.S. Treasury borrows by selling:

A) Treasury Bills

B) Treasury Notes

C) Treasury Bonds

D) All of the Above

An increase in fiscal deficit spending financed by borrowing will not affect the national debt but decrease interest rates.

A) True

B) False

Internal ownership of the debt refers to the portion of the national debt owned by government agencies.

A)True

B)False

*if you can please explain why!* thanks (:

The federal budget deficit has been over 30 percent of GDP since the early 1980s.

A)True

To finance a federal budget deficit, the U.S. Treasury borrows by selling:

D) All of the Above

An increase in fiscal deficit spending financed by borrowing will not affect the national debt but decrease interest rates.

B) False

Internal ownership of the debt refers to the portion of the national debt owned by government agencies.

A)True

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