The total accumulated debt of the federal government due to deficit spending is called the: Group...
The total accumulated debt of the federal government due to deficit spending is called the:
Group of answer choices
Congressional debt.
deficit debt ceiling.
federal deficit.
national debt.
Homework Answers
The total accumulated debt of the federal government due to deficit spending is known as:-
- The national debt
option(D)
Add Answer to:
The total accumulated debt of the federal government due to
deficit spending is called the:
Group...
If a government runs a budget deficit in one year, and a budget surplus the next...
If a government runs a budget deficit in one year, and a budget surplus the next year, what is the impact on the national debt? Group of answer choices The national debt remains unchanged The national debt decreases Indeterminate without the magnitudes of the deficit and surplus The national debt increases
(1) Calculate the government spending multiplier if, an increase in government spending by $5 million increases...
(1) Calculate the government spending multiplier if, an increase in government spending by $5 million increases real GDP by $20 million. Group of answer choices 0.20 0.25 2 5 4 (2) A major benefit of automatic stabilizers is that they: Group of answer choices guarantee a balanced budget over the course of the business cycle. have a tendency to reduce the national debt. moderate the effect of fluctuations in the business cycle. require legislative review by Congress before they can...
Between 1969 and 2019, total government spending __________ as a share of GDP, with __________ spending...
Between 1969 and 2019, total government spending __________ as a share of GDP, with __________ spending representing a smaller share of the federal budget. Group of answer choices decreased / mandatory increased / discretionary increased / mandatory decreased / discretionary
Match the terms with their definition. Budget surplus Budget deficit Balanced budget Government debt Answer Bank whe...
Match the terms with their definition. Budget surplus Budget deficit Balanced budget Government debt Answer Bank when the government receives more in taxes than it spends in a given time period the total accumulated amount that the government has borrowed and not yet paid back over time when the federal government spends more than it collects in taxes in a given time period when government spending and taxes are equal
1. GDP - annual debt 2. government spending - tax revenue >0 3.government spending - tax...
1. GDP - annual debt
2. government spending - tax revenue >0
3.government spending - tax revenue <0
4. annual debt/GDP
5 annual deficit/GDP
6. total debt - debt held by us households and institutions
==================================================
A budget deficit is government spending in excess of what?
A.. tax revenues
B. real GDP
C. household spending
D. consumption
================================================
What would happen to the cyclical deficit if the GDP growth rate
jumped from 2 percent to 4 percent?
A.decrease in deficit...
1. Government spending required by laws other than appropriation acts is also known as what? a....
1. Government spending required by laws other than appropriation acts is also known as what? a. Budget spending b. Mandatory spending c. Discretionary spending d. Deficit spending 2. Which of the following statements is true? a. Mandatory spending is determined by law and discretionary spending is determined by appropriation acts. b. Discretionary spending is determined by the president with advice from Congress, and mandatory spending is determined by the Supreme Court. c. Neither mandatory nor discretionary spending can be changed....
Question text A budget deficit occurs when government receipts are less than spending and a budget...
Question text A budget deficit occurs when government receipts are less than spending and a budget surplus occurs when government spending is less than receipts. Select one: True False Question 29 Not yet answered Marked out of 0.4 An advantage of a consumption tax over the present income tax system is that a consumption tax discourages consumption and encourages saving. Select one: True False Question 30 One of the largest categories of U.S. federal government spending is Social Security and...
3. The Federal Budget and Public Debt a.What is the difference between the budget deficit and...
3. The Federal Budget and Public Debt a.What is the difference between the budget deficit and the national (public) debt? b.Suppose the structural deficit is $50 billion, and the cyclical deficit is $30 billion. What is the actual budget deficit? c.In part b, does the economy have an inflationary gap or a recessionary gap? Explain. d.Why does a business downturn (recession) increase the size of the budget deficit?
Gross public debt is O A. all federal government debt irrespective of who owns it. O...
Gross public debt is O A. all federal government debt irrespective of who owns it. O B. the total value of budget deficits plus budget surpluses over the past five years. O C. an excess of government spending over government revenues during a given time period. O D. a situation in which the government's spending is exactly equal to the total taxes and other revenues it collects during a given time period. Click to select your answer.
Identify the normative statement(s) among the following statement(s). Select one: a. The federal government budget deficit...
Identify the normative statement(s) among the following statement(s). Select one: a. The federal government budget deficit reached 4% of GDP last year. b. The federal government spends too much. c. The federal government's spending is greater than its revenue to the treasury d. the federal government has increased its spending by 5% last year.
Match the terms with their definition. Budget surplus Budget deficit Balanced budget Government debt Answer Bank when the government receives more in taxes than it spends in a given time period the total accumulated amount that the government has borrowed and not yet paid back over time when the federal government spends more than it collects in taxes in a given time period when government spending and taxes are equal
1. GDP - annual debt
2. government spending - tax revenue >0
3.government spending - tax revenue <0
4. annual debt/GDP
5 annual deficit/GDP
6. total debt - debt held by us households and institutions
==================================================
A budget deficit is government spending in excess of what?
A.. tax revenues
B. real GDP
C. household spending
D. consumption
================================================
What would happen to the cyclical deficit if the GDP growth rate
jumped from 2 percent to 4 percent?
A.decrease in deficit...
Gross public debt is O A. all federal government debt irrespective of who owns it. O B. the total value of budget deficits plus budget surpluses over the past five years. O C. an excess of government spending over government revenues during a given time period. O D. a situation in which the government's spending is exactly equal to the total taxes and other revenues it collects during a given time period. Click to select your answer.
Identify the normative statement(s) among the following statement(s). Select one: a. The federal government budget deficit reached 4% of GDP last year. b. The federal government spends too much. c. The federal government's spending is greater than its revenue to the treasury d. the federal government has increased its spending by 5% last year.
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