Asked by Jocelyn Cooperwood on May 15, 2024
Verified
Interest payments on the national debt are projected to be about _____% by 2046.
Interest Payments
The amount paid by a borrower to a lender as a charge for the use of borrowed money, typically expressed as an annual percentage of the principal.
National Debt
The total amount of money that a country's government has borrowed, typically as a result of budget deficits, and is yet to repay.
- Evaluate the distribution and impact of governmental fiscal policies on different sectors and services.
Verified Answer
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Learning Objectives
- Evaluate the distribution and impact of governmental fiscal policies on different sectors and services.