In 2009 and 2010, the federal government's budget deficit was about

Question

Quizplus · Accepted Answer

The correct answer is D because the federal government's budget deficit in 2009 and 2010 was approximately 10 percent of GDP, which was the highest debt-GDP ratio since World War II. Option A and C are incorrect because the deficit was not 5 percent of GDP; it was 10 percent. Option B is also incorrect because although the deficit was 10 percent, it was not the highest debt-GDP ratio in U.S history; it was the highest since World War II.

In 2009 and 2010, the Federal Government's Budget Deficit Was