Deficits and the National Debt
Study Guide Overview
This study guide covers government budgets (surplus, deficit, and national debt), fiscal policy (stimulus and restraint), and their relationship. Key concepts include revenue and expenditures, the impact of deficits on the national debt, and the significance of the US national debt's size.
How are we doing?
Give us your feedback and let us know how we can improve
Question 1 of 7
The Federal budget is a 12-month projection of government spending and revenue that starts on which date? 🤔
January 1st
April 1st
July 1st
October 1st