How 3% U.S. Growth Leads to a $1.5 Trillion Deficit
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Business
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected deficit for the current fiscal year according to the report?
3 trillion dollars
500 billion dollars
2 trillion dollars
1.1 trillion dollars
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following events could potentially increase the deficit beyond projections?
A new trade agreement
An increase in tourism
A major hurricane
A decrease in oil prices
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What growth rate is the administration hoping to achieve?
5.0%
4.0%
3.0%
2.0%
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the general consensus outside the administration regarding the projected growth rate?
It is too low
It is irrelevant
It is too high
It is accurate
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is the administration likely to respond if the deficit continues to rise?
By reducing military spending
By cutting social programs
By blaming the Federal Reserve
By increasing taxes
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