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History, 29.01.2020 01:08 Alexislol7908

Which of the following is true about the u. s. federal government's ability to borrow money?

a. 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 borrow money 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 makes on credit can be insured by credit card companies, unlike items purchased with taxpayers' dollars.

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Which of the following is true about the u. s. federal government's ability to borrow money?
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