MACROECONOMICS
MACROECONOMICS
14th Edition
ISBN: 9781337794985
Author: Baumol
Publisher: CENGAGE L
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Chapter 16, Problem 1DQ
To determine

To describe: The reasons for owing a debt of $21 trillion by the US government and its effects on the future generations.

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Students have asked these similar questions
The U.S. government's debt is currently about $20 trillion, which is 105% of GDP. How much debt is too much debt for our country?
What is the difference between your running a budget deficit and adding to your own personal debt and the federal government running a budget deficit and adding to national debt?
Debt has a certain self-reinforcing quality to it. There is one category of government spending that automatically increases along with the federal debt. What is it?

Chapter 16 Solutions

MACROECONOMICS

Ch. 16 - Prob. 1TYCh. 16 - Prob. 2TYCh. 16 - Prob. 3TYCh. 16 - Prob. 1DQCh. 16 - Prob. 2DQCh. 16 - Prob. 3DQCh. 16 - Prob. 4DQCh. 16 - Prob. 5DQ
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