Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Two main macroeconomic impacts of a large government debt are a. future increase in distortive taxes and a reduction of government spending b. crowding-out of

Two main macroeconomic impacts of a large government debt are

a. future increase in distortive taxes and a reduction of government spending

b. crowding-out of private investment and reduction of government spending

c. lower economic growth and a decrease in public investment

d. lower interest rates and a decrease in public investment

The answer is in this article. I cannot find it

https://search-proquest-com.ezproxy1.lib.asu.edu/docview/2218931640/fulltextPDF/B7032CC9F7B84211PQ/2?accountid=4485

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Environmental Economics

Authors: Stephen Smith

6th Edition

0199583587, 9780199583584

More Books

Students also viewed these Economics questions

Question

Write short notes on Interviews.

Answered: 1 week ago

Question

7. How can an interpreter influence the utterer (sender)?

Answered: 1 week ago