Which of the following statements is not true?
A) All U.S. government budget deficits were due to war or recession.
B) The U.S. federal debt in 2009 was about $7.6 trillion.
C) Government debt represents about 1 percent of a typical worker's lifetime resources.
D) Forward looking parents can reverse adverse effects of government debt.
Correct Answer:
Verified
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A)$17
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