The national debt may be repaid through:(a) A budget surplus;(b) A budget deficit;(c) Foreign aid;(d) Central Bank purchasing commercial banks.
Question
Solution 1
The national debt can be repaid through:
(a) A budget surplus: This is when the government's tax revenues exceed its expenditures. The surplus can be used to pay down the national debt.
(b) A budget deficit: This is when the government's expenditures exceed its tax revenues. This would not help t Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI
Similar Questions
Define the term Commercial Bank. Explain the main functions of Commercial Banks.
Define the term Commercial Bank. Explain the main functions of Commercial Banks
The lender of last resort is a function of a) Rural Bank b) Post office c) Central Bank d) Commercial bank
Each of the following would be categorised as a liability on a central bank's balance sheet, EXCEPT:a.Securitiesb.Goldc.Moneyd.the commercial banks' accounts.
What do we call the rate at which the Reserve Bank of India lends money to commercial banks?a.Repo Rateb.Reverse Repo Ratec.CRRd.SLR
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.