Measured as a Share of GDP, the Borrowing of the Federal  Government

question 5

Multiple Choice

Measured as a share of GDP, the borrowing of the federal  government from foreigners

• A) is zero; the federal government does not borrow from foreigners.
• B) is 100 percent; the federal government borrows only from foreigners.
• C) has been approximately 50 percent of GDP since the early 1990s.
• D) was approximately 10 percent of GDP in 2000, but it soared to 34 percent of GDP in 2015.

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Definitions:

Capital

Refers to financial assets or resources that individuals or businesses use to fund their operations and invest in their growth.

Hitler's Germany

Refers to the period of German history from 1933 to 1945 when the country was under the dictatorship of Adolf Hitler and the National Socialist (Nazi) Party.

Fascist

Describes an authoritarian and nationalistic right-wing system of government and social organization.

Economic System

The structured and organized way by which a society decides on the production, distribution, and consumption of goods and services.