Question: QUESTION 20 In August 2011, Standard & Poor's (S&P) changed its rating on U.S. Treasury bonds from AAA to AA+ based on the state

QUESTION 20 In August 2011, Standard & Poor's (S&P) changed its rating on U.S. Treasury bonds from

QUESTION 20 In August 2011, Standard & Poor's (S&P) changed its rating on U.S. Treasury bonds from "AAA" to "AA+" based on the state of the federal government's budget deficit. This was the a rating agency had given Treasury bonds less than a rating of "AAA." first time ever fifth time in history first time since the Great Depression second time since the year 2000

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