Interest Payments by the Government as a Share of GNP

question 39

Multiple Choice

Interest payments by the government as a share of GNP have

• A)steadily increased.
• B)remained fairly steady.
• C)increased,but only to reflect changes in nominal interest rates.
• D)increased sharply in the early 1930s,the 1940s and in the 1980s-1990s.

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