Deficits and Debt Are Often Measured Relative to GDP Because

question 36

Multiple Choice

Deficits and debt are often measured relative to GDP because:

• A)this method always makes them appear smaller.
• B)this method always makes them appear larger.
• C)the government's ability to repay the debt depends on GDP.
• D)the growth in GDP depends on the debt.

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Definitions:

Improvements

Enhancements made to a property or goods that increase their value or utility.

Standard Construction Rule

A theory of legal interpretation under which the court will determine the principal objective of the parties in the making of the contract.

Principal Objective

The main goal that the parties to a contract hoped to meet by entering the contract in the first place.

Admissions

The process of allowing people to enter a place, institution, or specific program, often based on certain criteria.