Related to the Economics in Practice on p. 176: In 2014, the Congressional Budget Office estimated that the federal debt was ________ percent of GDP.
A) 24
B) 42
C) 74
D) 100
Correct Answer:
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Q262: The federal debt is the
A) same as
Q263: When a government runs a deficit
A) its
Q264: Personal taxes are the _ in the
Q265: A government's debt is increased when it
A)
Q266: The government budget is balanced when tax
Q268: Federal government receipts minus expenditures is the
Q269: Federal government consumption expenditures as a percentage
Q270: Federal transfer payments and grants-in-aid as a
Q271: The amount the government owes to the
Q272: Related to the Economics in Practice on
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