Which of the Following Statements Is TRUE

Multiple Choice

Which of the following statements is TRUE?

A) the debt-to-GDP ratio can never exceed 100 percent
B) if GDP and the national debt both increase, then the debt-to-GDP ratio cannot change
C) whenever the budget deficit increases, the debt-to-GDP ratio also increases
D) the debt-to-GDP ratio will always decrease as long as GDP is growing
E) none of the above