The debt ceiling is: A) the maximum amount Congress lets the ...

[Destiiny22]

The debt ceiling is:
 A) the maximum amount Congress lets the government borrow.
  B) the shortfall that occurs when expenses are higher than revenue over a given period of time.
  C) the overage that occurs when revenue is higher than expenses over a given period of time.
  D) the total amount of money within the national economy.

Question 2

When the United States levies a tax on textiles from India, this tax is a type of
 A) export duty.
  B) barter.
  C) import.
  D) tariff.
  E) responsibility.

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Answer to Question 1

A

Answer to Question 2

D

[Destiiny22]

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