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  • 24-09-2020
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Is national debt good or bad? Explain your answer.

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mimimarch08
mimimarch08 mimimarch08
  • 24-09-2020

Answer:

In short, government debt can be a bad indicator of the stance of fiscal policy or its burden on the private sector. The government can be wildly intrusive in the economy and thus a hindrance to growth and welfare even if its debt is low.

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