Map Sapling Learning macmilan learning Please complete the f

Map Sapling Learning macmilan learning Please complete the following statements about the history of the U.S. public debt as a percentage of GDP. The public debt surpassed GDP during the 1990s 1950s 1960s 1970s then fell steadily, reaching its lowest d 1990s |early 2000s early 2000s From that decade on, the public debt as a percentage of GDP has increased consistently, except for a decline in the late 19805 By 2010, the debt had risen to | | of GDP. 30% 60% 90% o

Solution

Ans:

1) The public debt surpassed GDP during 1940s

2) Then fell steadily, reaching its lowest point in 1970s

3) The public debt as a percentage of GDP has increased consistently, except for a decline in the late 1990s

4) By 2010, the debt had risen to 90% of GDP