What is a major concern when the debt-to-GDP ratio becomes too high?
Sen. Gardner Says He Opposes Gas Tax Increase to Fund Infrastructure

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Business, Social Studies
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University
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Increased government spending
Higher employment rates
Economic collapse due to resource competition
Lower interest rates
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one proposed solution to manage federal spending effectively?
Eliminating all government programs
Increasing taxes across the board
Passing a balanced budget amendment
Relying solely on economic growth
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What role did bond vigilantes play in the past regarding the federal deficit?
They lobbied for more government borrowing
They supported increased government spending
They advocated for higher taxes
They enforced fiscal discipline by refusing to buy bonds
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the key components of the President's budget plan to address the deficit?
Increasing military spending
Eliminating all social programs
Implementing a 2% reduction in non-discretionary spending
Raising the gas tax
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant challenge in funding infrastructure projects according to the discussion?
Declining gas tax revenue
Over-reliance on state funding
Lack of public interest
Excessive private sector involvement
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is there a debate over increasing the gas tax for infrastructure funding?
Gas tax has been increased frequently
Gas tax is a stable source of revenue
Gas tax is the only source of infrastructure funding
Electric vehicles do not contribute to gas tax revenue
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential benefit of the tax cut bill according to the discussion?
Reduced government revenue
Decreased foreign investment
Increased unemployment
Higher wages and bonuses
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