Effect of Budget Surplus on National Debt
During a given fiscal year, the federal government collects $4 trillion in revenue and spends $3.8 trillion on goods and services. What effect will this have on the national debt?
AIt will increase by $100 billion.
BIt will decrease by $3.8 trillion.
CIt will decrease by $200 billion.
DIt will increase by $4 trillion.
Question Leaderboard
Not enough data yet to show leaderboard.