Is the public debt (unbalanced budget) bad? Improve, adjust, or completely change your original answer by discussing the pros and cons of debt based on what we learned. For example, - What negative effects do debt and an unbalanced budget have? - Is debt necessary under certain circumstances? 2) how are the hard fiscal rule and soft fiscal rule used to maintain budgetary balance?

Answer rating: 100% (QA)

Pros of Public Debt 1 Financing Infrastructure Debt can be instrumental in funding largescale infrastructure projects like roads bridges and public transportation systems These investments can improve ... View the full answer