After 1945, the national debt as a percent of GDP: a. decreased ...

[WhattoUnderstand]

After 1945, the national debt as a percent of GDP:
 a. decreased slightly.
  b. decreased substantially.
  c. remained about the same.
  d. increased slightly.
  e. increased substantially.

Question 2

If a country's goods exports are less than its goods imports, then it experiences a:
 a. balance of payments surplus. b. balance of payments deficit.
  c. balance of trade surplus. d. balance of trade deficit.

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Answer to Question 1

b

Answer to Question 2

d

[WhattoUnderstand]

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