As of 2009,the U.S.federal deficit had reached nearly __________ of GDP.
A) -3.0 percent
B) -6.0 percent
C) -12.0 percent
D) -5.0 percent.
E) -7.0 percent
Correct Answer:
Verified
Q103: "Rolling over" the debt means
A) to repay
Q104: The sharp rise in the debt-to-GDP ratio
Q105: At the end of 2009,the national debt
Q106: Recessions are associated with budget deficits.
Q107: Trying to project total federal revenues and
Q109: Government expenditures are larger than government outlays.
Q110: Government expenditures are a subcategory of government
Q111: Debt held by the public and total
Q112: Looking at their ratio of debt to
Q113: The total debt includes amounts one government
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