Multiple Choice
Which of the following will reduce the negative impact the debt to GDP ratio will have on the U.S. economy?
A) Low interest rates, because they will reduce the burden accompanying outstanding debt.
B) High interest rates, because they will reduce the burden accompanying outstanding debt.
C) Declining GDP and lower tax revenue.
D) A larger proportion of the population in retirement collecting Social Security payments.
Correct Answer:
Verified
Correct Answer:
Verified
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