Why did interest payments on the national debt fall from 15.4 percent of the federal budget in

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Why did interest payments on the national debt fall from 15.4 percent of the federal budget in 1996 to 6.1 percent in 2015? Why is this percentage expected to increase in the future?

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Economics A Contemporary Introduction

ISBN: 9781305505469

11th Edition

Authors: William A. McEachern

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Question Posted: Oct 07, 2023 11:40 PM

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Why did interest payments on the national debt fall from 15.4 percent of the federal budget in

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Initially interest payments began to decrease because ...View the full answer

Economics A Contemporary Introduction

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