During which of the following decades was the debt-to-GDP ratio generally highest in the United States?
A)1930s
B)1940s
C)1960s
D)1980s
E) 1990s

Name: During which of the following decades was the debt-to-GDP ratio generally highest in the United States? A)1930s B)1940s C)1960s D)1980s E) 1990s
Brand: Quizplus
Rating: 4.8 (32 reviews)

Question

Quizplus · Accepted Answer

The debt-to-GDP ratio was generally highest in the United States during the 1940s, primarily due to the massive borrowing to finance World War II.

During Which of the Following Decades Was the Debt-To-GDP Ratio