Multiple Choice
Which of the following statements is not correct?
A) If GDP is rising faster than debt,the government is,in some sense,living within its means.
B) The ratio of debt to GDP in the United States has always been less than one.
C) Debts during wars may distribute the burden of fighting the war more evenly across generations.
D) During times of peace in the United States,the ratio of debt to GDP sometimes rose.
Correct Answer:

Verified
Correct Answer:
Verified
Q54: What happens to desired investment spending if
Q70: If a reform of the tax laws
Q103: If Congress instituted an investment tax credit<br>A)it
Q104: An increase in the quantity of loanable
Q105: The supply of loanable funds slopes<br>A)upward because
Q106: Which of the following statements is correct?<br>A)The
Q108: Which of the following could explain a
Q110: The first three elements of a financial
Q111: Crowding out occurs when investment declines because<br>A)a
Q153: A restaurant chain announces declining revenues. What's