Interest payments by the government as a share of GNP have
A) steadily increased.
B) remained fairly steady.
C) increased,but only to reflect changes in nominal interest rates.
D) increased sharply in the 1940s and 1980s.
Correct Answer:
Verified
Q1: The following data describe government spending and
Q2: From the 1950s to the early 1980s,transfer
Q3: Since the late 1960s,the share of GDP
Q10: The type of tax receipts that has
Q12: The primary deficit is equal to
A)outlays -
Q16: Subtracting government investment from government purchases gives
Q17: The type of tax receipts that has
Q18: The current deficit is
A)the deficit plus net
Q26: At the beginning of year one,there is
Q28: The current deficit minus net interest is
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