During the 1980s, the nominal value of public debt
A) approximately tripled.
B) grew as a share of GDP.
C) required interest payments that more than doubled as a share of GDP.
D) All of the above.
E) None of the above.
Correct Answer:
Verified
Q4: Below the full-employment level of output, expansionary
Q5: Deficits matter to Liberals because they
A) provide
Q6: Conservative fiscal policy includes all of the
Q7: In the early 1980s, to stimulate the
Q8: Compared to the 1990s, debt as a
Q10: An example of crowding-out would be the
A)
Q11: Conservatives explain the big deficits of the
Q12: Which group is most often identified with
Q13: Radicals claim that
A) neither deficit spending nor
Q14: Functional finance refers to the concept that
A)
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