HURRY PLEASE TIMED TEST
Why does a budget deficit increase the national debt?
A
The go...
Social Studies, 06.05.2021 18:40 kiarrafryer
HURRY PLEASE TIMED TEST
Why does a budget deficit increase the national debt?
A
The government encourages consumers to borrow money when there is a budget deficit and that amount adds to the overall amount owed by consumers.
B
The government must borrow money when tax revenue is not enough to pay for government spending and interest on the national debt.
Ρ
The government spends more money when there is a budget deficit because they have to pay for the government programs they did not fund.
D
The government cannot pay interest on the debt when the United States runs a budget deficit, so the United States defaults on our loans.
Answers: 3
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