Responses
The amount spent on interest on the national debt decreases, allowing more to be spent on social programs.
The amount spent on interest on the national debt decreases, allowing more to be spent on social programs.
The number of investors decreases as there is increased doubt in the government's ability to repay the debt.
The number of investors decreases as there is increased doubt in the government's ability to repay the debt.
The amount spent on interest on the national debt increases from an increase in the interest rates on the national debt.
The amount spent on interest on the national debt increases from an increase in the interest rates on the national debt.
There is increased economic growth from a cut in tax rates for individual income and corporate income taxes.
1 answer
The correct response regarding the results from a steady decrease in the national debt is:
The amount spent on interest on the national debt decreases, allowing more to be spent on social programs.
When the national debt decreases, the government typically spends less on interest payments, which can free up funds for other areas such as social programs, infrastructure, or other public services.
