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19 November, 15:07

The federal debt can fluctuate from year to year based on the annual deficits and surpluses. Assume that a deficit is represented as a negative number whereas a surplus is represented as a positive number.

How is the federal debt derived? Select the correct answer below:

a. the difference between deficits and surpluses.

b. the product of deficits and surpluses.

c. the quotient of debt and surpluses.

d. the sum of deficits and surpluses

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Answers (1)
  1. 19 November, 15:14
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    a. the difference between deficits and surpluses

    Explanation:

    A deficit is barely the negative interpretation of surplus. For example put up with a nation's revenue, subtract its expenditures, you get the difference which maybe deficit or surplus. When is deficit, show that there need to borrow and that is how federal debt are derived.
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