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  3. Study Set
    Macroeconomics Study Set 27
  4. Exam
    Exam 13: Fiscal Policy Appendix Taxes and the Multiplier
  5. Question
    Since 1964, the Budget Deficit _____ of GDP
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Since 1964, the Budget Deficit _____ of GDP

Question 6

Question 6

Multiple Choice

Since 1964, the budget deficit _____ of GDP.


A) has never been more than 12%
B) has been as high as 50%
C) has usually been 0%
D) has usually been between 0% and -20%

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