Question

Which of the following is not a reason the national debt rose during Ronald Reagan’s term as President? a) the costs of running a war b) tax cuts increased funding for defense spending c) an unexpected economic downturn.

Answer 1

The costs of running a war.

Step-by-step explanation:

Gradpoint, Good luck everyone.

Answer 2

B: tax cuts increased funding for defense spending

This statement is not a reason the national debt rose during Ronald Reagan’s term as President.

Explanation:

Ronald Reagan became the President of US in 1981. His economic policies are also referred to as ‘Reaganomics’. According to his economic policies, he lowered the tax rates and increased military spending. Many government programs like Social Security, Medicaid and so on were either cut or experienced less funding during his presidency.

But result of this Reaganomics are still debated. Critics point out that the national public debt tripled in nominal terms during Reagan's tenure and worsened the income gap.