For the United States,from the 1980s to today,there has been an increase in both absolute size and relative size (relative to GDP)for the federal government in
A)The deficit and the debt.
B)The deficit,but not the debt.
C)The debt,but not the deficit.
D)Neither the deficit nor the debt.

Question

Quizplus · Accepted Answer

From the 1980s to today, there has been a significant increase in both absolute size and relative size of the federal government's deficit and debt. The deficit is the amount by which the government's spending exceeds its revenue in a given year, while the debt is the total amount of money owed by the government. The federal government's deficit and debt have been growing steadily since the 1980s, increasing the size of the federal government's overall budget and making it a larger part of the overall economy.

For the United States,from the 1980s to Today,there Has Been