Multiple Choice
Which of the following is FALSE for the U.S.national debt held by the public as a portion of GNP?
A) it declined in the 1920s but increased in the 1930s
B) it was at its highest in the late 1940s
C) it declined significantly from 1950 to 1970
D) it increased steadily from 1995 to 2012
E) it increased significantly from 2008 - 2012
Correct Answer:
Verified
Correct Answer:
Verified
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