Which of the following historically has not been a signiﬁcant contributor to the U.S. public debt?
A) war ﬁnancing
B) tax cuts and expenditure increases during the Great Recession
C) recessions
D) demand-pull inﬂation

Question

Quizplus · Accepted Answer

Demand-pull inflation has not been a significant contributor to the U.S. public debt. While inflation can affect government spending and revenue, it is not a direct cause of the public debt. The other options listed have all had significant impacts on the public debt.

Which of the Following Historically Has Not Been a Signiﬁcant