Deficits Are Correlated Inversely with

Deficits are correlated inversely with

A) the rate of growth of GDP because tax revenues climb and transfer payments contract as GDP swells.
B) inflation because tax revenues climb and expenditures automatically fall during periods of inflation.
C) the rate of unemployment because people who are out of work pay no tax and swell the roles of those eligible for transfer payments.
D) interest rates because higher rates mean higher earnings on government bonds and thus more income from nontax sources.
E) none of the above.