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BartSMP [9]
2 years ago
6

Explain why America has a debt problem.

Business
1 answer:
kenny6666 [7]2 years ago
7 0

Answer:

That's because as a country's economy grows, the amount of revenue a government can spend to pay its debts grows as well. In addition, a larger economy generally means the country's capital markets will grow and the government can tap them to issue more debt.

Explanation:

hope it helps

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3 years ago
For federal tax purposes, which of the following is true regarding lump-sum life insurance benefits?
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Based on the information given, it should be noted that all proceeds are income tax free in the year that they're received.

<h3>What is tax?</h3>

A tax simply means a compulsory levy that's paid by the people or companies to the government. It's important to achieve economic development.

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