In emergencies, a country's deficit as a percentage of its GNP: A) Is kept very low...

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In emergencies, a country's deficit as a percentage of its GNP: A) Is kept very low...

In emergencies, a country's deficit as a percentage of its GNP:

	A)	Is kept very low
	B)	Is kept very high
	C)	Will depend on the economic conditions of the country and is hard to assign a number to it.
	D)	Will depend on the economic condition of the country but should not exceed 28%.
	E)	None of the above

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Answer 1

Answer #1

Answer: c

The state of the deficit will depend on what type of emergency the country faces and what are the economic conditions of the country. Thus it is very hard to assign a number to it.

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Answer 2

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