Question

Which of the following statements about the period from 1940 to 1954 is supported by the table above?

• A. In total annual dollars, nondefense spending was higher during World War II than during the Cold War.
• B. In total annual dollars, national defense spending exceeded nondefense spending every year except 1948.
• C. As a percentage of gross domestic product (GDP), the federal debt was highest at the start of the Korean War.
• D. As a percentage of gross domestic product (GDP), the federal debt was highest immediately after World War II.
• E. In total annual dollars, the federal debt was higher during World War I than during World War II.

Answer 1

The correct option is D As a percentage of gross domestic product (GDP), the federal debt was highest immediately after World War II.

As a percentage of gross domestic product (GDP), the federal debt was highest immediately after World War II.