Which of the following statements is false?
A) Most countries saw an increase in their average deficit between 2008 and 2013.
B) Average general government debt levels were higher between 1995 and 2007 than they were between 2008 and 2013.
C) Between 1995 and 2007, Ireland and Sweden did not average a general government deficit.
D) The countries with the largest deficits will see their debt levels increase the fastest.
Correct Answer:
Verified
Q1: If central government's spending exceeds its tax
Q2: If the budget deficit is lower than
Q3: The difference between what central and local
Q4: Say that in 2013, the government collected
Q6: The excess of the central government's tax
Q7: When a country has a positive public
Q8: The accumulated budget deficit (less any surpluses)
Q9: When a country has a public sector
Q10: If a government had a PSDR for
Q11: If the total expenditure of the UK
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