If the U.S. government is indebted $200, and if $100 is in the form of an externally

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If the U.S. government is indebted $200, and if $100 is in the form of an externally held public debt, while another $100 is an internally held public debt, the impacts of these two different debts on the U.S. economy differ. Explain.

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Principles of Economics

ISBN: 978-1285064437

7th edition

Authors: Fred M. Gottheil

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Question Posted: Apr 21, 2015 09:48 AM

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If the U.S. government is indebted $200, and if $100 is in the form of an externally

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If the debt is internal it means the government taxes Americans to pay the interest on t...View the full answer

Principles of Economics

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