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    Macroeconomics Principles Study Set 1
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    Exam 10: Fiscal Policy and Debt
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    In the History of the United States, Public Debt as a Percentage
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In the History of the United States, Public Debt as a Percentage

Question 102

Question 102

Multiple Choice

In the history of the United States, public debt as a percentage of GDP


A) is fixed by law.
B) tends to decrease during times of war.
C) varies widely over time.
D) tends to be zero percent.

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