If debt increases _____ than GDP, the ratio of debt to GDP will _____.
A) faster; fall
B) faster; fall.
C) faster; rise
D) faster; rise.
E) slower; rise
F) slower; rise.
G) slower; remain unchanged.
H) slower; remain unchanged
Correct Answer:
Verified
Q107: Explain how countercyclical fiscal policy can be
Q108: Why does discretionary fiscal policy experience time
Q109: Why do business cycles create budget deficit
Q110: How can "crowding out" be a negative
Q111: Should you rely on Social Security alone
Q113: If the government were required to balance
Q114: Changes in the budget balance may result
Q115: _ is an automatic stabilizer.
A)An infrastructure bill
B)An
Q116: Automatic stabilizers are government spending and taxation
Q117: Taxes _ as GDP rises. This is
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents