Deficits and debt are often measured relative to GDP because:
A) this method always makes them appear smaller.
B) this method always makes them appear larger.
C) the government's ability to repay the debt depends on GDP.
D) the growth in GDP depends on the debt.
Correct Answer:
Verified
Q83: Which of the following statements is true?
A)The
Q84: Which of the following is a reason
Q85: If the debt of the federal government
Q86: If government has no debt initially but
Q87: Debt is measured relative to GDP because:
A)the
Q89: Which of the following statements about government
Q90: If the national debt increases in any
Q91: If the federal government has a budget
Q92: If the debt of the federal government
Q93: In what way is government debt like
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