The federal debt can fluctuate from year to year based on the annual deficits and surpluses. Assume that a deficit is represented as a negative number whereas a surplus is represented as a positive number.
How is the federal debt derived? Select the correct answer below:
a. the difference between deficits and surpluses.
b. the product of deficits and surpluses.
c. the quotient of debt and surpluses.
d. the sum of deficits and surpluses
+2
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The federal debt can fluctuate from year to year based on the annual deficits and surpluses. Assume that a deficit is represented as a ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Home » Business » The federal debt can fluctuate from year to year based on the annual deficits and surpluses. Assume that a deficit is represented as a negative number whereas a surplus is represented as a positive number.