If the national debt continues its trend of the past decade, which situation will MOST likely need to occur? A) Jobs will increa
se in the private sector. B) People will see an increase in their tax rates. C) More government services will need to be created. D) More banks will be needed to increase the money supply.
If the national debt continues its trend of the past decade, people will be most likely to see an increase in their tax rates. In order to compensate for the cost of the rising national debt, the government will likely be forced to raise federal income and sales tax in order to generate the needed additional revenue.
