In 2010,the deficit-to-GDP ratio for the United States was approximately equal to
A)10%.
B)17%.
C)37%.
D)67%.

Question

Quizplus · Accepted Answer

In 2010, the deficit-to-GDP ratio for the United States was approximately 10%. This means that the government's budget deficit was 10% of the total value of goods and services produced by the economy in that year. This was a high ratio compared to previous years, but still significantly lower than the other options (B, C, and D) which are all much higher percentages.

In 2010,the Deficit-To-GDP Ratio for the United States Was Approximately