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kirza4 [7]
3 years ago
13

Why do governments acquire debt?

History
1 answer:
kati45 [8]3 years ago
5 0

Answer:

From a public policy standpoint, the issuance of debt is typically accepted by the public, so long as the proceeds are used to stimulate the growth of the economy in a manner that will lead to the country's long-term prosperity

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