When the government's outlays equal its tax revenue, the budget ...

[jCorn1234]

When the government's outlays equal its tax revenue, the budget
 
  A) has a deficit and the national debt is increasing.
  B) has a deficit and the national debt is decreasing.
  C) is balanced and the national debt is not changing.
  D) has a surplus and the national debt is decreasing.
  E) has a surplus and the national debt is increasing.

Question 2

Property rights are limited to tangible items such as land and machinery.
 
  Indicate whether the statement is true or false

[cswans24]

Answer to Question 1

C

Answer to Question 2

FALSE

[jCorn1234]

Excellent

[apple]

Great answer, keep it coming