Historically, the largest U.S. federal budget deficits as a percentage of GDP in the 20th century occurred during

A) the Great Depression.
B) the Vietnam war.
C) World War I and World War II.
D) 1970-1997.
E) 1998-1999.

C

Economics

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An increase in the amount of currency held by the public will raise the value of the deposit expansion multiplier

a. True b. False Indicate whether the statement is true or false

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Refer to the above figure. Which of the following points indicates an unobtainable point of production?

A. a B. d C. e D. More information is needed to answer the question.

Economics