Multiple choice question.
It started growing once the economy returned to full employment.
It started falling once the economy returned to full employment.
It fell as tax revenues increased during the recession.
It grew as funds were used to fight the recession.
1 answer
The correct answer is:
It grew as funds were used to fight the recession.
During the Great Recession, the public debt increased significantly as governments implemented stimulus measures and increased spending to combat the economic downturn and support recovery efforts.
