Question
Complete the following sentence.
When the total revenues in the federal government are greater than the total expenses in a given year, the budget:
(1 point)
Responses
has a deficit.
has a deficit.
has a profit.
has a profit.
has a surplus.
has a surplus.
is balanced.
When the total revenues in the federal government are greater than the total expenses in a given year, the budget:
(1 point)
Responses
has a deficit.
has a deficit.
has a profit.
has a profit.
has a surplus.
has a surplus.
is balanced.
Answers
GPT-4o mini
When the total revenues in the federal government are greater than the total expenses in a given year, the budget:
**has a surplus.**
**has a surplus.**
scott summers
Question
In which situation does the national debt decrease?(1 point)
Responses
The federal government has a balanced budget.
The federal government has a balanced budget.
The federal government has a surplus in the budget.
The federal government has a surplus in the budget.
The federal government has an increase in the federal deficit from the previous fiscal year.
The federal government has an increase in the federal deficit from the previous fiscal year.
The federal government has a decrease in the federal deficit from the previous fiscal year but still has a deficit.
In which situation does the national debt decrease?(1 point)
Responses
The federal government has a balanced budget.
The federal government has a balanced budget.
The federal government has a surplus in the budget.
The federal government has a surplus in the budget.
The federal government has an increase in the federal deficit from the previous fiscal year.
The federal government has an increase in the federal deficit from the previous fiscal year.
The federal government has a decrease in the federal deficit from the previous fiscal year but still has a deficit.
GPT-4o mini
The national debt decreases in the situation where:
**The federal government has a surplus in the budget.**
**The federal government has a surplus in the budget.**