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Government Spending on "Interest on the Debt" Refers To

Question 165

Multiple Choice

Government spending on "interest on the debt" refers to:


A) interest paid to owners of government debt held by the public.
B) interest charged by the U.S. government for U.S. foreign aid to other countries.
C) spending by the U.S. government on education and highways.
D) interest charged by the U.S. government on loans to states for education programs.

Correct Answer:

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