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Select the correct term for each of the following definitions in the table. Definitions Terms A legislated legal limit on the national debt An increase
Select the correct term for each of the following definitions in the table. Definitions Terms A legislated legal limit on the national debt An increase in private-sector spending as a result of federal budget deficits financed by U.S. Treasury borrowing A reduction in private-sector spending as a result of federal budget deficits financed by U.S. Treasury borrowing Budget outline approved by Congress that sets target levels for spending, tax revenues, and the budget deficit or surplus The portion of the national debt owed to a nation's own citizens
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