The Debt-GDP Ratio Was Lower in 1997 Than It Was

question 144

Multiple Choice

The debt-GDP ratio was lower in 1997 than it was during

• A)the Civil War.
• B)World War I.
• C)World War II.
• D)all of the above.

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Definitions:

Promises

Declarations or assurances by one party to another agreeing to do or not to do something in the future, which may form the basis of a contract.

Land

A portion of the Earth's surface that includes its soil and anything naturally attached to it, considered as property.

Ceiling Fan

An electrically powered fan mounted to the ceiling of a room, which rotates blades to circulate air and provide cooling.

Fixture

An item that was originally a piece of personal property but becomes part of realty after it is permanently attached to the real property in question.