The large increases in the deficit during the 1980s in the United States were associated with
A)large increases in public saving.
B)no change in public saving.
C)large increases in private saving.
D)all of the above
E) none of the above

Question

Quizplus · Accepted Answer

The large increases in the deficit during the 1980s in the United States were not associated with large increases in public saving or private saving. Instead, they were due to factors such as increases in military spending, tax cuts, and economic recession.

The Large Increases in the Deficit During the 1980s in the United