menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics A Contemporary Introduction
  4. Exam
    Exam 13: Federal Budgets and Public Policy
  5. Question
    USDebt Has Never Exceeded 100 Percent of GDP Because If
Solved

USDebt Has Never Exceeded 100 Percent of GDP Because If

Question 84

Question 84

True/False

U.S.debt has never exceeded 100 percent of GDP because if it did so,the federal government would be bankrupt.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q79: The federal government budget is<br>A)a year-end record

Q80: If aggregate output is increasing,<br>A)both b and

Q81: If action by the President and Congress

Q82: Increases in the fraction of national debt

Q83: Federal spending (including transfer payments),as a percent

Q85: National debt held by the public includes

Q86: In Keynes' philosophy of government budgets,<br>A)permanent deficits

Q87: During the Reagan presidency,tax rates were cut,government

Q89: The crowding out of private investment is

Q108: The U.S.spent 3 percent of GDP building

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines