Which of the following is FALSE for the U.S.national debt held by the public as a portion of GNP?
A) it declined in the 1920s but increased in the 1930s
B) it was at its highest in the late 1940s
C) it declined significantly from 1950 to 1970
D) it increased steadily from 1995 to 2012
E) it increased significantly from 2008 - 2012
Correct Answer:
Verified
Q11: Between 2000 and 2009, total U.S.federal revenues
Q12: The debt-to-GDP ratio will always decrease if
A)the
Q13: In 2011, what portion of the U.S.public
Q14: From 1962-69, defense spending was, on average,
Q15: Between 2000 and 2009, total U.S.government outlays
Q17: In 2011, who owned the largest portion
Q18: From 1960 to 2010, the share of
Q19: In 2012, how much of the gross
Q20: If we compare the U.S.federal government outlays
Q21: If we look at interest payments on
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