Question

True or false: It is common for countries to have public debts.

True
False

Answer 1

True. It is common for countries to have public debts as governments often need to borrow money to provide public services.

Step-by-step explanation:

True. It is common for countries to have public debts. The government often needs to borrow money to provide public services, especially in countries with limited opportunities to generate wealth. Even countries with a large number of wealthy citizens or a growing economy can still have a high national debt.