Recall Application 1, "New Methods to Measure the Long-Term Fiscal

question 113

Multiple Choice

Recall Application 1, "New Methods to Measure the Long-Term Fiscal Imbalances for the United States," to answer the
following questions:
-According to the application, Gokhale and Smetters method for measuring indebtedness:

• A) included the present value of the gap between deficits and revenues, and added it to the current GDP.
• B) included the present value of the gap between deficits and debts, and added it to the current national revenues.
• C) included the future value of the gap between deficits and revenues, and added it to the current national debt.
• D) included the present value of the gap between deficits and revenues, and added it to the current national debt.

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