Which of the Following Statements Is True

question 67

Multiple Choice

Which of the following statements is true ?

• A)The national debt as a percentage of GDP is greater today than during any other period in our nation's history.
• B)A sizeable external national debt will transfer purchasing power away from foreigners to domestic citizens.
• C)Keynesian theory assumes a total crowding out effect associated with deficit spending.
• D)U.S. national debt is 12 times its size in 1980.

---

Definitions:

Wireless Connectivity

The ability of devices to connect and communicate with each other without the need for physical cables, using RF (radio frequency) technology such as Wi-Fi or Bluetooth.

Hotspot

A physical location where people can access the internet, typically using Wi-Fi, via a wireless local area network (WLAN) with a router connected to an internet service provider.

Bluetooth

Bluetooth is a wireless technology standard for exchanging data over short distances, enabling the connection of devices such as smartphones, speakers, and wearables.

Upstream

Describes information that is sent to the Internet, such as transmitting email or uploading a file to a server.