Which of the following statements is true regarding the national debt and federal government deficits?
a. there is a positive relationship between the national debt and a federal government budget deficit.
b. there is a positive relationship between the national debt and a federal government budget surplus.
c. there is a positive relationship between the amount of borrowing and a federal government surplus.
d. there is a positive relationship between the federal government budget surplus and a federal government budget deficit.
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