since 1970 the u.s. governments budget deficit as a percentage of real gdp has\na. hovered around 40%.\nb…

since 1970 the u.s. governments budget deficit as a percentage of real gdp has\na. hovered around 40%.\nb. been negative in most years.\nc. averaged approximately 3%.\nd. alternated almost every other year from positive to negative.

since 1970 the u.s. governments budget deficit as a percentage of real gdp has\na. hovered around 40%.\nb. been negative in most years.\nc. averaged approximately 3%.\nd. alternated almost every other year from positive to negative.

Answer

Brief Explanations:

Since 1970, the U.S. government's budget - deficit as a percentage of real GDP has averaged approximately 3%. It has not hovered around 40%, has not been negative in most years (a negative budget - deficit would mean a surplus), and has not alternated almost every other year from positive to negative.

Answer:

C. averaged approximately 3%.