If a Government Has Large Consecutive Budget Deficits and If

question 114

True/False

If a government has large consecutive budget deficits and if the public debt is growing faster than GDP, its ratio of debt to GDP will increase.

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Definitions:

Cellular Tolerance

Cellular tolerance is a physiological adaptation where increased exposure to a substance, like a drug, leads to a decrease in the substance's effect on cells or tissues.

Intoxicated

The condition of having physical and mental faculties impaired by an excess of alcoholic drink or any substance, leading to altered mood, behavior, and coordination.

Psychoactive Drugs

Substances that alter perception, mood, consciousness, or behavior by affecting the brain's chemistry.

Synapse

Spatial junction between one neuron and another; forms the information transfer site between neurons.