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BabaBlast [244]
3 years ago
9

Which of the following are examples of the negative effects associated with government debt? Instructions: You may select more t

han one answer. Click the box with a check mark for correct answers and click to empty the box for the wrong answers. Increased interest rates. unanswered Increased taxes or lower spending in the future. unanswered Increased investment in the economy.
Business
1 answer:
Semenov [28]3 years ago
5 0

Answer: Increased interest rates, Increased taxes or lower spending in the future.

Explanation: What is Government debt? It is the difference between government spending and receipts leading to high volume of unpaid contractors, unpaid pensions, unpaid bills for goods and services etc.

The effect of government debt includes: 1. Increased interest rates 2. Increased taxes

3. lower spending in the future.

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$59,900

<u />

Explanation:

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Cash paid for treasury stock                  $20,400

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FIllmore Company began operations on Sept. 1 by purchasing $4,400 of inventory and $750 of cleaning supplies. During the month,
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