In Any Given Year,the Government's Debt-Service Payments Are Equal to

Multiple Choice

In any given year,the government's debt-service payments are equal to

A) (fiscal borrowing) × (the interest rate) .
B) (government spending) × (the interest rate) .
C) (government spending - tax revenue) × (the interest rate) .
D) (total outstanding government debt) × (the interest rate) .
E) (government spending + tax revenue) × (the interest rate) .