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Since 1940, the Largest Gross Federal Debt-To-GDP Ratio Occurred During

Question 53

Multiple Choice

Since 1940, the largest gross federal debt-to-GDP ratio occurred during ________, when it reached about ________.

A) 9/11; 90 percent
B) the oil crisis; 110 percent
C) the Volcker recession; 50 percent
D) World War II; 108 percent
E) the Vietnam War; 65 percent

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