Question

Determine if the following statements are true or false and drag them into the corresponding bin. True False During the 1980s, U.S. debt, when expressed as a percentage of GDP, decreased during an era of limited government spending. U.S. debt has, at some points in history, exceeded GDP. U.S. debt, when expressed as a percentage of GDP, has been relatively uniform over time. Government spending, and hence, U.S. debt, typically increases around times of war. Budget deficits are thought to reduce crowding out. Cutting taxes is a strategy a president can use to get re-elected, but it can also increase government debt

          Determine if the following statements are true or false and drag them into the corresponding bin.
True
False
During the 1980s, U.S. debt, when expressed as a percentage of GDP, decreased during an era of limited government spending.
U.S. debt has, at some points in history, exceeded GDP.
U.S. debt, when expressed as a percentage of GDP, has been relatively uniform over time.
Government spending, and hence, U.S. debt, typically increases around times of war.
Budget deficits are thought to reduce crowding out.
Cutting taxes is a strategy a president can use to get re-elected, but it can also increase government debt

Determine if the following statements are true or false and drag them into the corresponding bin.
True
False
During the 1980s, U.S. debt, when expressed as a percentage of GDP, decreased during an era of limited government spending.
U.S. debt has, at some points in history, exceeded GDP.
U.S. debt, when expressed as a percentage of GDP, has been relatively uniform over time.
Government spending, and hence, U.S. debt, typically increases around times of war.
Budget deficits are thought to reduce crowding out.
Cutting taxes is a strategy a president can use to get re-elected, but it can also increase government debt

Added by Denise C.

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