QUESTION IMAGE
Question
m6 l2: the national debt quiz
economics (fa25) wa 1 / economics / module 6: surpluses, deficits, debt, and international trade
- the us government faces the same risk of bankruptcy as any american family who has budget deficits year after year.
true
false
Brief Explanations
The US government can print money (in the case of the Federal Reserve) or raise taxes to deal with deficits. An American family cannot print money or impose taxes. So the risk of bankruptcy is different.
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B. False