If We Look at Interest Payments on the U

question 10

Multiple Choice

If we look at interest payments on the U.S.national debt as a fraction of GDP since World War II, we realize that they

• A)increased slightly but consistently as the national debt increased in size
• B)increased from less than 2% 1980 to more than 3% in 1990
• C)were higher between 2000 - 2010 than in any previous decade
• D)always exceeded 2%
• E)never exceeded 2%

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Definitions:

Natural Rights

Basic rights that are believed to be granted to all people by nature or God and are not dependent on laws or governments.

Republican Citizen

Refers to an individual who actively participates in public life and governance in accordance with principles of republicanism, emphasizing liberty and civic virtue.

Legal Authority

The right and power to enforce laws, exact obedience, or make decisions and judgments.

Deeds

Legal documents representing the ownership of property or legal rights.