Author Question: The total accumulated debt of the federal government due to deficit spending is called the: a. ... (Read 31 times)

ishan

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The total accumulated debt of the federal government due to deficit spending is called the:
 a. federal deficit.
  b. Congressional debt.
  c. deficit debt ceiling.
  d. national debt.

Question 2

If U.S. buyers purchased 500 billion of foreign goods and foreign buyers purchased 400 billion of U.S. goods, the U.S. balance of trade would be:
 a. 100 billion. b. 100 billion.
  c. 400 billion. d. none of these.



elyse44

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Answer to Question 1

d

Answer to Question 2

a



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