How does the amount of interest on the national debt vary each year?(1 point)

Responses

Changes in the amount of debt and the interest rate on the debt
Changes in the amount of debt and the interest rate on the debt

Changes in the amount of debt and the buyer of the debt
Changes in the amount of debt and the buyer of the debt

Changes in the term of the debt and the amount left over from mandatory spending
Changes in the term of the debt and the amount left over from mandatory spending

Changes in the interest rate on the debt and the amount remaining from discretionary spending

1 answer

The correct response is:

Changes in the amount of debt and the interest rate on the debt.

This option reflects how the interest on the national debt is influenced by both the total amount of debt outstanding and the prevailing interest rates on that debt, which can fluctuate based on economic conditions and monetary policy.