julieady julieady
  • 04-11-2021
  • Social Studies
contestada

If you had been given power over the National Debt, how would you solve the problem?

Respuesta :

OwlBrokenHearted OwlBrokenHearted
  • 05-11-2021

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 thoughExplanation:

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