Measured as a Share of GDP, the Net Federal Debt

question 117

Multiple Choice

Measured as a share of GDP, the net federal debt

• A) increased during the 1990s, but fell sharply during 2001-2011.
• B) fell during most of the 1990s, but rose sharply during 2001-2011.
• C) was virtually unchanged during the 1990s, but fell sharply during 2001-2011.
• D) fell during the 1990s, but was virtually unchanged during 2001-2011.

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Definitions:

Profit Sharing

A company program that gives employees a share in the profits of the company, typically as a portion of their annual salary or as a bonus payment.

Reimbursement

To pay back or compensate for money spent, or losses or damages incurred; payment for provider services (from insurance company).

Compensation

Anything given as an equivalent or to make amends; pay.

Insurance Company

A financial institution that provides risk management through the mechanism of insurance contracts, covering various types of risks including health, property, and life.