Explain the major trends in the debt to GDP ratio since 1950.
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Q60: U.S. government debt in 2017 was approximately
A)$15,000
Q61: Changes in government purchases always lead to
Q62: A decrease in tax rates
A)has no effect
Q64: Which of the following is not an
Q66: Increasing government purchases can contribute to higher
Q67: State and local governments do not run
Q68: Suppose a recession occurs unexpectedly in December
Q69: Name two reasons why the actual budget
Q70: To reduce the size of economic fluctuations,
Q211: What is the difference between the deficit
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