1. When a government such as the US government voluntarily constrains itself by issuing debt to match $-for-$ its net spending position (deficit), it reduces the funds available to the non-government sector for their own spending.
Answer: False
2. When the national government's fiscal balance moves into surplus:
Answer: One cannot conclude anything about the government's policy intentions.
3. If the external balance remains in surplus, then the national government can run a fiscal surplus without impeding economic growth.