What are some of the effects of the United States being a net debtor nation? Some people
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What are some of the effects of the United States being a net debtor nation? Some people argue we should worry and others argue we should not worry about the United States being a net debtor. What do you think and why? Discuss the debates about the role of the government in capitalism.
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Effects of the US being a net debtor nation Higher interest payments The US government must pay interest on its debt and the larger the debt the higher the interest payments This can crowd out other g...View the full answer
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Related Book For 
Economics An Introduction To Traditional And Progressive Views
ISBN: 9780765616685
7th Edition
Authors: Howard J. Sherman, E. K. Hunt, Reynold F. Nesiba, Phillip A. O'Hara, Barbara A. Wiens-Tuers
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