In general, which of the following is true regarding deficits and surpluses?
Can someone please help me? I choose C. Is it correct? A) Projections of future budget deficits have been relatively accurate through the years. B) Projections of future budget surpluses have been relatively accurate through the years. C) While projections of future budget deficits have been relatively accurate through the years, projections of future budget surpluses have NOT been accurate. D) While projections of future budget surpluses have been relatively accurate through the years, projections of future budget deficits have NOT been accurate. E) Projections of both budgets deficits and surpluses have NOT been accurate through the years.
@TuringTest
@Ashleyisakitty
@micahm
Chapter 12: Deficits, Surpluses, and Debt - Oswego www.oswego.edu/.../200ch12.ht... State University of New York at Oswego I. Deficits, Surpluses and Debt: Definitions and A Brief History ... These bonds are purchased by U.S. companies and households, and the foreign ... caused much concern/debate about the causes and consequences of deficit spending. ... To understand if this is true, let's look at who owns the debt (figure 12.4, page 241).
www.oswego.edu/.../200ch12.ht...
Would it be E then?
I know that deficits should be high and the surplus should be low, which one would describe that?
@micahm
yes
ok recap is this the same question
@issy987
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