Persistent Deficit After 1980 Was Almost Entirely Due to

question 106

Multiple Choice

Persistent deficit after 1980 was almost entirely due to

• A)higher share of expenditures in GDP.
• B)lower tax revenue.
• C)lower share of expenditures in GDP.
• D)Higher tax revenue.

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Definitions:

Isolation Transformer

A type of transformer used to transfer electrical power from a source of alternating current (AC) without connecting the two circuits electrically.

Physically Separated

Refers to components or elements that are positioned apart with a measurable distance or barrier to ensure no direct contact or interference.

Conductor

A material or object that allows the flow of electric charge in one or more directions.

Isolation Transformer

A transformer used to transfer electrical power from a source of alternating current (AC) power to some equipment or device while isolating the powered device from the power source, usually for safety.