Question

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

Explanation:

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%.