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    Exam 14: Deficit Spending and the Public Debt
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    -Suppose That Initially There Is No Public Debt
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-Suppose That Initially There Is No Public Debt

Question 141

Question 141

Multiple Choice

  -Suppose that initially there is no public debt. Using the above table, what is the public debt as a percentage of GDP in 2016? A)  1.7 percent B)  2.0 percent C)  7.7 percent D)  5.9 percent
-Suppose that initially there is no public debt. Using the above table, what is the public debt as a percentage of GDP in 2016?


A) 1.7 percent
B) 2.0 percent
C) 7.7 percent
D) 5.9 percent

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