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

Question

Business

Kaylah Randolph

26 May, 05:13

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?

Gidget · Answer 1

a. the difference between deficits and surpluses

Explanation:

A deficit is barely the negative interpretation of surplus. For example put up with a nation's revenue, subtract its expenditures, you get the difference which maybe deficit or surplus. When is deficit, show that there need to borrow and that is how federal debt are derived.