Which of the following is accurate with regard to the public/national debt?
A) The public/national debt as a percentage of GDP has drastically increased in recent years.
B) The public/national debt as a percentage of GDP has not changed in the past decade
C) The public/national debt is a product of balanced federal budgets.
D) The public/national debt is not affected by external events such as war or a natural disaster.
E) The public/national debt has only increased under Democratic presidents.
Correct Answer:
Verified
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