U.S. national debt _ when the federal governments _. A. Increases; outlays exceed tax revenue B. Decreases;

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U.S. national debt _______ when the federal government’s _______.

A. Increases; outlays exceed tax revenue

B. Decreases; outlays exceed tax revenue

C. Increases; tax revenue rises faster than outlays

D. Decreases; tax revenue rises faster than outlays

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Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

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Question Posted: May 21, 2018 08:53 AM

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U.S. national debt _______ when the federal governments _______. A. Increases; outlays exceed tax revenue B. Decreases;

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Foundations of Macroeconomics

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U.S. national debt _ when the federal governments _. A. Increases; outlays exceed tax revenue B. Decreases;