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By 1987, the National Debt Had Become So Large That

Question 12

Multiple Choice

By 1987, the national debt had become so large that


A) the U.S. government could not qualify for any further credit.
B) 14 percent of the annual budget went to the payment of interests.
C) it threatened the collapse of the dollar.
D) the U.S. government was increasingly dependent on foreign creditors.

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