Which of the following is true about the US Federal government's ability to borrow money?

A. Elected elected officials in the federal government can prove to voters that they are responsible by paying back government debts on time.

B. The constitution forbids the federal government from raising taxes, so the government needs to cover the expenses of the services it provides.

C. The federal government can put money back into the economy during times of economic hardship without raising taxes.

D. Purchases of goods and services the government make on credit cards can be insured by credit card companies, unlike items purchased with taxpayers' dollars.

Is the answer C.?

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asked by Nani
  1. Right.

  2. Thank you!

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    posted by Nani
  3. You're welcome.

  4. The answer is C

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