Which of the following best describes the relationship between government deficit and government debt?

a.

If the government currently has a budget deficit, currently it must also have debt.

b.

If the government currently has a budget deficit, the debt is increasing.

c.

If the government currently has a budget deficit, government expenditures must be less than taxes.

d.

If the government currently has a budget deficit, national savings must be higher.

Question

Which of the following best describes the relationship between government deficit and government debt?




a.


If the government currently has a budget deficit, currently it must also have debt.




b.


If the government currently has a budget deficit, the debt is increasing.




c.


If the government currently has a budget deficit, government expenditures must be less than taxes.




d.


If the government currently has a budget deficit, national savings must be higher.

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a.	If the government currently has a budget deficit, currently it must also have debt.
b.	If the government currently has a budget deficit, the debt is increasing.
c.	If the government currently has a budget deficit, government expenditures must be less than taxes.
d.	If the government currently has a budget deficit, national savings must be higher.