Bonds sales to finance World War II (1941–45) (a) helped finance th

Bonds sales to finance World War II (1941–45)

(a) helped finance the government’s current budget deficits.
(b) helped finance, manage and eventually pay down the private debts accumulated during
World War I (1914–18).
(c) were loans the U.S. government made to individuals in its private sector.
(d) led to higher interest rates and decreased private spending and investment.

ANSWER

(a)