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…

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter11: Fiscal Policy

Section: Chapter Questions

Problem 19E

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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.

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