When the U.S. debt-to-GDP ratio has fallen, it has generally been because:the budget deficit fell.the budget deficit rose.income fell.income rose. multiple choice, which is correctNote:-Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.You will get up vote for sure.

The debt-to-GDP ratio is a metric that compares a country's public debt to its gross domestic…

Answered: When the U.S. debt-to-GDP ratio has…

When the U.S. debt-to-GDP ratio has fallen, it has generally been because: the budget deficit fell. the budget deficit rose. income fell. income rose. multiple choice, which is correct

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter16: Government Spends, Collects, And Owes

Section16.3: The Federal Budget And The National Debt

Problem 5R

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Question

When the U.S. debt-to-GDP ratio has fallen, it has generally been because:

the budget deficit fell.

the budget deficit rose.

income fell.

income rose.

multiple choice, which is correct

Note:-

Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.
Answer completely.
You will get up vote for sure.

Definition Video Definition Overall monetary value of all the complete or final services and goods that a country can produce within its domestic boundaries in a specific period. Video

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Step 1: Analyzing Debt-to-GDP Dynamics

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