Why should I choose AnalystNotes?

Simply put: AnalystNotes offers the best value and the best product available to help you pass your exams.

Find out more

Basic Question 4 of 8

The net amount that the government has borrowed is the ______.

A. budget deficit
B. government debt
C. budget surplus
Check Answer Previous Q Next Q Print

User Contributed Comments 2

User Comment
magicchip deficit is for any particular year, while debt is the total borrowing of the government.
Inaganti6 good one magic chip
You need to log in first to add your comment.
You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu

Colin Sampaleanu

Learning Outcome Statements

describe roles and objectives of fiscal policy as well as arguments as to whether the size of a national debt relative to GDP matters

CFA® 2025 Level I Curriculum, Volume 1, Module 3.