During Which of the Following Decades Was the Debt-To-GDP Ratio

question 61

Multiple Choice

During which of the following decades was the debt-to-GDP ratio generally highest in the United States?

• A)1930s
• B)1940s
• C)1960s
• D)1980s
• E) 1990s

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Definitions:

Migration

The movement of people from one place to another with the intentions of settling, permanently or temporarily, in a new location.

Labor

Human effort used in production which can also include physical and mental effort.

Brain Drain

The emigration of highly trained or intelligent people from a particular country, often due to lack of opportunities or political instability.

Human Capital

The economic value of a person's experience and skills, including education, training, intelligence, skills, health, and other things employers value.