Which of the following contributed to the increase in the national debt during the 1990s?
A)A decrease in military expenditures.
B)A period of inflation.
C)A decrease in discretionary spending.
D)The bailout of failed savings and loan associations.

Question

Quizplus · Accepted Answer

The bailout of failed savings and loan associations contributed significantly to the increase in the national debt during the 1990s. This was due to the government taking on the financial obligation to cover the losses of these institutions, which ultimately added to the overall debt. The other options listed (A, B, and C) would not have directly contributed to an increase in the national debt during this time period.

Which of the Following Contributed to the Increase in the National