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    Economics Study Set 8
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    Exam 31: Deficits and Debt: the Austerity Debate
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    When the U
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When the U

Question 13

Question 13

Multiple Choice

When the U.S. debt-to-GDP ratio has fallen, it has generally been because:


A) the budget deficit fell.
B) the budget deficit rose.
C) income fell.
D) income rose.

Correct Answer:

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