In 2001, the federal budget turned ________ and, as a result of this, it is expected that the ratio of government debt to GDP is expected to ________.
A. from a deficit into a surplus; increase
B. from a surplus into a deficit; increase
C. from a deficit into a surplus; decrease
D. from a surplus into a deficit; decrease
Answer:B
In 2001, the federal budget turned ________ and, as a result of this, it is expected that the ratio of government debt to GDP is expected to ________.
A. from a deficit into a surplus; increase B. from a surplus into a deficit; increase C. from a deficit into a surplus; decrease D. from a surplus into a deficit; decrease