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In one of the modules, we watched a video about National Debt and Budget Deficit. Which of the following statements below is incorrect? Group of
In one of the modules, we watched a video about National Debt and Budget Deficit. Which of the following statements below is incorrect? Group of answer choices The National Debt is an accumulation of annual budget deficits over the last 30 years. The US had a budget surplus in 00 and 01. This means we can pay off our National Debt. Most economists believe a healthy debt to GDP ratio is between 30% and 70%. The Eurozone will not accept new members with a debt to GDP ratio over 100%
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