The United States' national debt
A) has been steadily declining since World War II.
B) represents a smaller share of national output than in 1945.
C) is currently larger than its GDP.
D) is primarily an externally held debt.
E) totals less than $1 trillion, two-thirds of which is held by government agencies.
Correct Answer:
Verified
Q20: One generally recognized problem of large government
Q21: According to the textbook discussion,the principal way
Q22: An excess of government expenditures over tax
Q23: A government budget deficit
A) is more inflationary
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