A Chart of the Ratio of National Debt to GDP

question 19

Multiple Choice

A chart of the ratio of national debt to GDP from 1915 to 2014 would show

• A)a continuous decline.
• B)sharp increases from 1945 to 1975.
• C)significant increases from 1983 to 1994.
• D)significant decreases from 2003 to 2010.

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Definitions:

Groupthink

A phenomenon where the desire for harmony or conformity in a decision-making group leads to an incorrect or deviant decision-making outcome.

Highly Cohesive

Refers to a group that exhibits strong bonds and unity among its members, often resulting in high levels of solidarity and loyalty.

Little or No Pressure

A situation where there are minimal external forces compelling an individual to act in a particular manner, often leading to a more authentic choice or action.

Causes of Groupthink

Factors leading to a situation in group decision-making processes where the desire for harmony or conformity results in an irrational or dysfunctional decision outcome.