how are national debt and deficit related?
a. a deficit is the money the government owes the states.
b. a deficit is the sum of national debts.
c. the national debt is an accumulation of deficits.
d. the national debt is the sum of state deficits.

Question

how are national debt and deficit related?
a. a deficit is the money the government owes the states.
b. a deficit is the sum of national debts.
c. the national debt is an accumulation of deficits.
d. the national debt is the sum of state deficits.

toriii · Answer

C i just did a similar assignment in economics the deficit is the unbalanced budget. Such as we spend too much and tax too little so there is a deficit in our debt rather if theres no debt and we still tax there is a surplus.