In June of 2010,the Government Had a Debt of About

question 22

Multiple Choice

In June of 2010,the government had a debt of about $8.6 trillion.Over the next year real GDP grew by about 1.6% and inflation was about 2%.What is the largest deficit the government could have run over this time without raising the debt-to-GDP ratio?

• A)about $68.8 billion
• B)about $137.6 billion
• C)about $275.2 billion
• D)about $309.6 billion

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Ages

The duration for which an individual or object has been in existence.

Ice Cream Shop

A retail establishment that sells ice cream, gelato, sorbet, and/or frozen yogurt to consumers.

Weight

A measure of the force exerted by gravity on an object, commonly measured in units such as pounds or kilograms.

Distribution

In statistics, the way in which data points are spread or distributed across a range of values.