In 2013, interest payments were about ____ percent of national income.
A)0.51/2
B)1.29
C)3.2
D)4.0

Question

In 2013, interest payments were about ____ percent of national income.
A)0.51/2 
B)1.29 
C)3.2 
D)4.0

Quizplus · Accepted Answer

Interest payments as a percentage of national income is measured by the percentage of gross domestic product (GDP) that is spent on paying interest on public debt. In 2013, the interest payments as a percentage of GDP for the United States was 3.2%. This means that for every dollar of national income, about 3.2 cents was spent on interest payments. Option C) 3.2 is the closest to this value.

In 2013, Interest Payments Were About ____ Percent of National