Register
If you had been given power over the National Debt, how would you solve the problem?
157k views
0 votes
If you had been given power over the National Debt, how would you solve the problem?

User Matthias Samsel
by
6.2k points

1 Answer

4 votes

Answer:

To reduce the debt, the country could raise taxes and/or cut spending. These are two of the tools of contractionary fiscal policy, and either tactic could slow economic growth. Spending cuts come with pitfalls thoughStep-by-step explanation:

User Katerin
by
6.8k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.6m questions

8.7m answers

Other Questions

In what sense is the passage a challenge to medieval views and methods? galileo used mathematics to understand the universe, but scholars of the middle ages believed that knowledge came from god. galileo
What caused the Great Rift Valley and the Great Escarpment? flooding glaciers plate movement precipitation
During the 19th Century rubber was produced in the Congo Free State amidst horrendous conditions of forced labor. The Congo Free State was under the control of which colonial power?
Knowing indicators of an unstable person can allow you to identify a potential insider threat before an incident
As a psychologist employed by a medical school, dr. mcnerney specializes in research on the causes of stress and on the effectiveness of various techniques for coping with stress. dr. mcnerney is most
Link Copied!