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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.


Definitions:

Motion Sickness

A condition characterized by a sense of nausea and, sometimes, vomiting that is brought on by the movement of one's body or the perceived movement of one's surroundings.

Fluid Movement

The motion of a fluid (liquid or gas) often studied in physics and engineering, related to fluid dynamics.

Ringing

A condition often described as hearing a continuous sound (such as ringing, buzzing, or hissing) in the ears when no external sound is present, known as tinnitus.

Hearing Loss

The partial or total inability to hear sound in one or both ears.

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