Question: How would each of the following events affect the national

How would each of the following events affect the national debt as it is currently measured? a. The government borrows to finance a Memorial Day parade.
b. The Statue of Liberty is sold to a group of private entrepreneurs.
c. A law is passed promising free medical care to every child under five years of age.
d. The government levies a tax of $ 100 on Lynne this year, and promises to pay her $ 105 next year.
e. The government borrows $ 100 from Lynne this year, and pays back the $ 100 with 5 per-cent interest next year. If you were designing an accounting system for the government, how would you treat each of these items?


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  • CreatedMarch 25, 2015
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