CFA Practice Question

There are 923 practice questions for this topic.

CFA Practice Question

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

A. budget deficit
B. government debt
C. budget surplus
Correct Answer: B

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.