Answered: The national debt is a Select one: O A.…

The national debt is a Select one: O A. flow; flow O B. stock; stock. O C. stock; flow OD. flow; stock variable. The federal government's budget deficit is a variable.

Economics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506725

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Chapter12: Fiscal Policy, Incentives, And Secondary Effects

Section: Chapter Questions

Problem 1CQ

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Question

The national debt is a
Select one:
O A flow; flow
O B. stock; stock
O C. stock; flow
OD. flow; stock
variable. The federal government's budget deficit is a
variable.

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