Between 2000 and 2017, the U.S. government budget deficit
A) has been more than 100% of U.S. GDP.
B) as a percentage of U.S. GDP has increased steadily each year.
C) as a percentage of U.S. GDP has decreased steadily each year.
D) none of the above.
Correct Answer:
Verified
Q23: Public debt is held as
A) bank deposits
Q24: Suppose that the federal government had a
Q25: A government budget surplus occurs during a
Q26: When government spending exceeds tax revenues during
Q27: If the government has a spending flow
Q29: Suppose that the federal government had a
Q30: Which of the following will NOT cause
Q31: A government budget surplus is
A) a situation
Q32: The public debt can be thought of
Q33: Which of the following is TRUE when
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