Which of the following is TRUE for the U.S.national debt held by the public as a portion of GNP?
A) it reached an all-time high in 2009
B) it increased steadily from 1960 to 2013
C) it was roughly 66 percent in 2013
D) it approximately doubled first from 1980 to 1992 and again from 2000 to 2010, but declined throughout most of the 1990s
E) it declined steadily from 1990 to 2008 but then increased again sharply
Correct Answer:
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A)it
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