1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vanyuwa [196]
3 years ago
5

Explain this statement: "The national debt is like taking money out of your left pocket and putting it into your right pocket."

Social Studies
1 answer:
MissTica3 years ago
3 0

Answer:

The statement states that taxes paid by the population to reduce the national debt will be converted into benefits for the population itself. So, in the end, the population is not spending money, just putting it in different places.

Explanation:

National debt is the term that refers to the debts that the government of a country has to finance works and improvements in the country that cannot be paid with the taxes paid alone. However, this debt will be paid by the collection of taxes, which may become higher, so that these works can be carried out. In a simplified way, governments understand that the expenses of the national debt must be paid by the generations of citizens who will benefit from these expenses, as this allows the population not to lose money, but to exchange it for benefits, that is, the national debt reallocates the population's money in works and actions that will improve the lives of this population, for this reason, governments claim that the national debt is like taking money out of the left pocket and putting it in the right pocket.

You might be interested in
What is the name of the mountain range found in northern Africa?
Nikitich [7]

Answer:

Atlas Mountain range

________________________________________________

The name of the one and only mountain range found in northern Africa is, in fact the Atlas Mountain range.

________________________________________________

Hope this helps!

4 0
3 years ago
Read 2 more answers
Can a lord tell a samurai to suicide?
Elza [17]
Yes, a samurai would do anything there Lord's tell them
7 0
2 years ago
How did Muhammad eventually return to Mecca as its ruler?
solmaris [256]
It is B , and more accurately he conquered it because Qureish did not stick with the deal they made with him
now can I for a question , where are you from I mean whag country teaches about islam in English
7 0
3 years ago
Julian calendar, which observed the new year on which date?
Vlada [557]

Answer:

January 1st

Explanation:

3 0
2 years ago
When graphing experimental data, which variable goes on the x-axis on a line graph? A) control B) dependent C) independent D) va
Vladimir [108]

Answer:

C) Independient

Explanation:

To represent a function in a graph, the values of the independent variable (x) are represented on the horizontal or abscissa axis, and the values of the dependent variable (y) are represented on the vertical or ordinate axis.

5 0
3 years ago
Read 2 more answers
Other questions:
  • Mikhails parents smile and cheer approvingly whenever mikhail plays contact sports with his friends. however, his parents yell a
    5·1 answer
  • Antirealism uses our perceptions of ______ as a starting point to expand upon or even purposely subvert.
    7·1 answer
  • What were the names of Tamar's twins?
    9·1 answer
  • What was the cause of world war one and two
    9·1 answer
  • Personality is:_____________.
    14·1 answer
  • Which of the following is an example of a firm’s physical resources and capabilities?
    13·1 answer
  • Nancy had a skiing accident in which she broke her leg. As a result of this, she always became slightly anxious while skiing. La
    5·1 answer
  • Girls can log onto www.Barbie and design their own special Barbie doll. They can choose the doll's skin tone, hair color, clothe
    11·1 answer
  • How does air pollution relate to conservation?
    9·1 answer
  • What did adolf hitler domed<br>​
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!