Between 1980 and 1990, the national debt
a. decreased from approximately $300 billion to $100 billion
b. decreased from approximately $3 trillion to $1 trillion
c. as a percent of GDP, decreased
d. remained relatively unchanged as a percentage of GDP
e. increased from approximately $1 trillion to over $3 trillion
E
Economics
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Refer to Table 2.4. The GDP deflator for 2011 is
A) 86.5. B) 115.6. C) 135.1. D) 156.3.
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The profitability of an investment project will increase if
A. tax rates increase. B. real interest rates increase. C. real interest rates decrease. D. business tax deductions decrease.
Economics