During the 1950s and 1960s, the national debt as a percent of GDP in the United States
A) soared to an all-time high.
B) declined.
C) increased.
D) was virtually unchanged.

Question

Quizplus · Accepted Answer

During the 1950s and 1960s, the national debt as a percent of GDP in the United States declined due to economic growth and inflation, which increased GDP faster than the debt was growing.

During the 1950s and 1960s, the National Debt as a Percent