Which of the following statements accurately characterizes the national debt as a percentage of GDP?
a. It has not changed over the past twenty years.
b. It is the highest it has ever been.
c. It is declining but it is still at the historic high.
d. It is rising but it is still lower than the historic high.
Question 2
Payroll taxes are levied on salaries and wages to support which of the following?
a. Temporary Assistance for Needy Families
b. Affordable Care Act and Medicaid
c. Social Security and Medicare
d. Aid to Families with Dependent Children
