What is the potential trade - off between using fiscal policy to stimulate economic growth and increasing the national debt?a) There is no trade - off. b) Increased economic growth can lead to higher tax revenue, offsetting the debt. c) A higher national debt can burden future generations with higher interest payments. d) All of the above.

Definition Definition Increase in the amount of goods and services produced by a country in a given period of time compared to an earlier period. Economic growth is generally coupled with a rise in national income or the purchasing power of individuals. It is often measured in terms of the increase in a country's gross domestic product (GDP), or the overall monetary value of all the complete or final services and goods that a country can produce within its domestic boundaries in a specific period.