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Interest Payments on the U

Question 26

Multiple Choice

Interest payments on the U.S.national debt as a fraction of all federal government spending


A) reached an all time high in 1945, then decreased continuously until 2008 when it started to increase again
B) has always been fairly low and has never exceeded 6 percent
C) exceeded 10 percent in the late 1940s but then remained much lower until the 1980s when it increased again until it exceeded 10 percent throughout the 1990s
D) decreased sharply from the levels it reached in the 1940s but then increased steadily from 2000 to 2013
E) none of the above

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