CFA Practice Question

There are 341 practice questions for this study session.

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
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