A 3% rise in the interest rate
A 3% increase in the interest rate would add $600,000 to the deficit and thus to the debt. This exceeds a $500,000 increase in the deficit, while tax revenues would decrease, not increase, the debt.
Explanation:
development is a process that creates, growth, progressed, active change or the addition of physical, economic, environmental, social and demographic components.
Variable because different place have different prices
