During the twentieth century,the largest budget deficits as a percentage of GDP occurred
A)during the 1990s.
B)during the 1980s.
C)during the Vietnam war.
D)during World Wars I and II.

Question

Quizplus · Accepted Answer

The largest budget deficits as a percentage of GDP occurred during World Wars I and II, due to the massive government spending required for the war efforts.

During the Twentieth Century,the Largest Budget Deficits as a Percentage