The government can safely take on more debt
A) as long as private firms are taking on more debt
B) as long as the debt involves no interest payments
C) if GDP is growing faster than the debt is growing
D) if the interest rate is below 3 percent
E) as long as the debt is growing by less than 3 percent per year
Correct Answer:
Verified
Q45: Which of the following correctly represents the
Q46: Federal revenue as a percentage of GDP
Q47: In the long run,
A) fiscal policy has
Q48: An economic expansion causes
A) the federal budget
Q49: Which of the following cases represent the
Q51: In the long run,
A) the government's tax
Q52: The federal government
A) runs a deficit when
Q53: The national debt
A) will be zero when
Q54: The federal government
A) runs a deficit when
Q55: When positive spending shocks occur,transfer payments automatically
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