3 years ago

How does national dept effect future generations?

History

2 answers:

raketka [301]3 years ago

7 0

Answer:

rising debt is that it slows economic growth, which in turn slows the growth of wages and income

Explanation:

marshall27 [118]3 years ago

5 0

Answer:

it slows economic growth, which in turn slows the growth of wages and income. This slower growth occurs mainly due to the phenomenon known as “crowd out,” whereby investors purchase government debt at the expense of making productive investments in private capital.

Explanation:

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