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