Question

During Reagan's administration, the national debt rose to just over _____.

Answer 1

The correct answer is d 3 Trillion dollars

Answer 2

The correct answer is D. 3 trillion dollars

Explanation:

Ronald Reagan was the President of the U.S. from 1981 to 1989, during this term Reagan implemented multiple new initiatives related to politics and economy. Also, under Reagan's presidency, there were multiple foreign issues he had to face including part of the Cold War, conflicts with the Soviet Union and military actions in Lybia. All of these initiatives and changes in the economy increase government spending while reducing the federal income tax which had a great impact on the national debt. Indeed at the beginning of Reagan's administration, the national debt was around 738 billion dollars and by the end of Reagan's administration, the national debt had increased almost to 3 trillion dollars.