Until 1980,the National Debt Was Mostly the Result Of

question 126

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.

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Definitions:

Basic Needs

Fundamental requirements necessary for individuals to live a healthy and relatively comfortable life, such as food, water, shelter, and clothing.

Justice

The concept of moral rightness based on ethics, law, fairness, and equity, extending also to the determination of just punishment for wrongdoing.

Property Rights

Legal rights to own, use, and dispose of assets including real estate, personal property, and intellectual property.

Ethical Decision Making

The method of assessing and selecting between different options in a way that aligns with moral standards.