Which of the following is true about the US Federal government's ability to borrow money?

A. Elected elected officials in the federal government can prove to voters that they are responsible by paying back government debts on time.

B. The constitution forbids the federal government from raising taxes, so the government needs to cover the expenses of the services it provides.

C. The federal government can put money back into the economy during times of economic hardship without raising taxes.

D. Purchases of goods and services the government make on credit cards can be insured by credit card companies, unlike items purchased with taxpayers' dollars.

Is the answer C.?

6 answers

Right.
Thank you!
You're welcome.
The answer is C
Sure.?
Are y’all sure ?
Similar Questions
  1. The basic tool in fiscal federalism is (Points : 1)the federal government’s power of the purse. the federal government’s
    1. answers icon 2 answers
  2. Serena wants to borrow $15 000 and pay it back in 10 years. Interest rates arehigh, so the bank makes her two offers: • Option
    1. answers icon 1 answer
  3. What was a weakness of the Articles of Confederation?(1 point) Responses  The federal government could not elect a president.
    1. answers icon 1 answer
  4. What is one thing the IMF does, but not the World Bank?(1 point)Responses Only poorer countries can borrow money from the IMF.
    1. answers icon 3 answers
more similar questions