In 2009 and 2010, the Federal Government's Budget Deficit Was

Multiple Choice

In 2009 and 2010, the federal government's budget deficit was about

A) 5 percent of GDP, and this was the highest debt-GDP ratio in U.S history.
B) 10 percent of GDP, and this was the highest debt-GDP ratio in U.S history.
C) 5 percent of GDP, and this was the highest debt-GDP ratio since World War II.
D) 10 percent of GDP, and this was the highest debt-GDP ratio since World War II.