This topic contains a solution. Click here to go to the answer

Author Question: When measured as a percentage of GDP, the U.S. national debt reached its highest levels as a result ... (Read 17 times)

JMatthes

  • Hero Member
  • *****
  • Posts: 578
When measured as a percentage of GDP, the U.S. national debt reached its highest levels as a result of:
 a. World War II.
  b. The Vietnam War.
  c. The Reagan defense buildup and tax cut.
  d. The Bush economic recovery program.

Question 2

A U.S. citizen's gift for famine relief in Somalia would be considered a:
 a. capital inflow. b. capital outflow.
  c. current account transaction. d. service trade transaction.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

soda0602

  • Sr. Member
  • ****
  • Posts: 313
Answer to Question 1

a

Answer to Question 2

c





 

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

For a complete list of videos, visit our video library