2 years ago

What is national debt? How is it important?

1 answer:

8 0

National debt is the amount of unpaid money that is owed or borrowed.

How is it important?
Debt to income ratio shows the solvency of the country. Too high debt causes interest rates to climb and there are domino effects as such.

You might be interested in

Which of the following was not a reason that most members of immigrant

mrs_skeptik [129]

It's B, had spent all their savings just to get to America

5 0

2 years ago

what characteristics of the Confederate States of America made it a confederal government when compared to the government of the

Delvig [45]

The main characteristic of the Confederate States of America that made it a confederal government <span>when compared to the government of the United States was that its central power was much weaker. </span>

5 0

3 years ago

Read 2 more answers

Enlightenment thinker John Locke believed in certain principles called “laws of nature” or “natural laws” that governed the mora

Svetllana [295]

The answer is A. Right of life,liberty, and property

8 0

3 years ago

What was the significance of Eldorado Creek

hoa [83]

I uploaded the answer to $^{}$ a file hosting. Here's link: