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adelina 88 [10]
3 years ago
8

The graph shows the federal debt between 1993 and 2013.

History
2 answers:
pickupchik [31]3 years ago
8 0

The correct answer is "It’s increasing".

Federal debt has suffered a nearly exponential trend in growth due to 2 major causes:

  • The funding of the military campaigns exercised in the Middle East, which started with the invasion of Afghanistan in 2001 and subsequent incursion in Iraq in 2003.
  • The government had to grant loans to the financial corporations and American car manufacturing companies, as they were institutions that were "Too big to fail" following the economic crisis of 2008.
Varvara68 [4.7K]3 years ago
7 0
It’s increasing. Hope this helps:)
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