Holding other factors constant, the ratio of government debt to GDP can decrease as a result of any of the following changes except:
A) decreases in government spending.
B) increases in GDP.
C) decreases in tax revenues.
D) decreases in transfer payments.
Correct Answer:
Verified
Q2: Government debt equals the:
A) difference between current
Q3: If the debt of the U.S. federal
Q4: In a time of inflation when the
Q5: The government budget deficit is the _,
Q6: Compared to the size of government debt
Q7: When a government spends more than it
Q8: If government debt is not changing, then:
A)
Q9: Assume that the nominal interest rate is
Q10: Which of the following is the most
Q11: An increase in the elderly population of
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