A chart of the ratio of national debt to GDP from 1915 to 2010 would show
A) a continuous decline.
B) sharp increases from 1945 to 1975.
C) significant increases from 1980 to 1995.
D) significant decreases from 2003 to 2010.
Correct Answer:
Verified
Q72: Deficit is to debt as
A)responsible is to
Q73: Debt is to deficit as
A)money is to
Q73: The deficit can be defined in simple
Q74: The budget deficit
A) is the value of
Q75: A budget deficit is best defined as
Q76: Until the 1980s, most of the national
Q79: The national debt is the
A)result of previous
Q97: Under a balanced budget policy, a sharp
Q100: Which of the following statements is incorrect?
A)Budget
Q102: The structural deficit is equal to expenditures
A)plus
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