Question

Which of the following statements correctly describes the issues associated with the national debt?(1 point)ResponsesThe national debt has been steadily decreasing over time.The national debt has been steadily decreasing over time.Increased debt means more money is diverted from economic growth and social programs.Increased debt means more money is diverted from economic growth and social programs.As the national debt decreases, more money needs to be paid toward interest payments.As the national debt decreases, more money needs to be paid toward interest payments.Unchecked debt could lead to decreased interest rates.Unchecked debt could lead to decreased interest rates.

Answer 1

Increased debt means more money is diverted from economic growth and social programs.