-Suppose That Initially There Is No Public Debt

question 54

Multiple Choice

-Suppose that initially there is no public debt. Using the above table, what is the public debt as a percentage of GDP in Year 3?

• A)1.7 percent
• B)2.0 percent
• C)7.7 percent
• D)5.9 percent

---

Definitions:

Silent Invasion

This term typically refers to covert or indirect methods of taking control or influence over a nation, without overt military action. It can imply demographic, cultural, or political infiltration.

John McCain

An American politician and military officer who served as a United States Senator from Arizona from 1987 until his death in 2018 and was the Republican nominee for President in 2008.

Glenn Beck

An American conservative political commentator, radio host, and television producer, known for his right-wing views, and the founder of TheBlaze, a multiplatform news and entertainment network.