Which of the following historically has not been a significant contributor to the U.S.public debt?
A)war financing
B)tax cuts and expenditure increases in the 1980s
C)recessions
D)demand-pull inflation

Question

Quizplus · Accepted Answer

Demand-pull inflation is generally associated with economic growth and increased demand, not directly with increasing public debt. The other options have historically contributed to the U.S. public debt.

Which of the Following Historically Has Not Been a Significant