A Chart of the Ratio of National Debt to GDP

question 4

Multiple Choice

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

• A)significant increases from 1945 to 1975.
• B)significant increases during World Wars I and II.
• C)a larger value in 1975 compared to 1945.
• D)significant increases from 1995 to 2003.

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Definitions:

Jurisdiction

The official power to make legal decisions and judgments, typically in a specific geographic area or over certain types of cases.

Legal Rules

Principles or guidelines established by authority, society, or custom, which are enforceable through legal institutions.

Foreign

Related to or originating from a country different from the one being referred to, often implies external or outside influence or components.

Alien Corporations

Companies that are incorporated in one country but do business in another.