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
Correct Answer:
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Q21: If we look at interest payments on
Q22: Between 1945 and 2010, the average interest
Q23: The greatest burden of an increasing national
Q24: If we compare spending as a percentage
Q25: Even though the national debt is rising,
Q27: If we compare the debt-to-GDP ratios of
Q28: What contributed to the recent debt crises
Q29: Which of the following is TRUE?
A)the average
Q30: In 2013, the debt-to-GDP ratio in the
Q31: Which of the following is FALSE?
A)the estimated
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