Question

Of the following, which is true about the federal debt

Answer 1

Answer:

B. The debt has been increasing over time.

Explanation:

Federal debt is the national debt of the US government. It is a measure taken by the government to keep a track of how much the government owes its creditors. But as the government continues to spend more than it takes, the debt keeps increasing. These days people are keeping a close track of what is happening to this debt. A close monitoring of the same is understandable as the debt is explained to public in a vague manner. And people fail to analyse how the national debt affects their daily lives.

Answer 2

Answer:

All of above

Explanation:

I TOOK THE TEST