Multiple Choice
Until 1980,the national debt was mostly the result of:
A) wartime borrowing.
B) inflation.
C) bad monetary policy.
D) wasteful Congressional spending.
E) Social Security obligations.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q121: In the years when the U.S.economy was
Q122: Crowding out refers to the effect that
Q123: Except for World War II,the U.S.deficits from
Q124: In 2016,interest payments on the national debt
Q125: Which of the following is true of
Q127: Before the Great Depression,federal deficits occurred primarily
Q128: Despite the large federal deficits during the
Q129: Which of the following categories constitutes the
Q130: If U.S.interest rates are higher than the
Q131: The key link between the twin deficits