Multiple Choice
Accumulating debt poses a problem for the U.S.federal government because
A) it is currently in danger of defaulting on the debt.
B) a large debt-to-GDP ratio causes crowding out.
C) building roads and bridges do not yield enough benefits to justify their cost.
D) the debt has to ultimately be paid off.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: The three categories of federal government expenditures,in
Q2: Figure 16-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 16-2
Q3: The cyclically adjusted budget deficit calculates the
Q5: The fastest growing category of government expenditure
Q6: Expansionary fiscal policy involves increasing government purchases
Q7: Since the Social Security system began in
Q8: Figure 16-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 16-2
Q9: Tax increases on business income decrease aggregate
Q10: Crowding out will be greater<br>A)the less sensitive
Q11: If government increases taxes by the same