We rarely hear concern about the burden of privately held debt, yet many people share a concern

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We rarely hear concern about the “burden” of privately held debt, yet many people share a concern about the public debt. Why is this so? Is the concern about the public debt reasonable?

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Macroeconomics

ISBN: 978-0138014919

12th edition

Authors: Robert J Gordon

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Question Posted: Dec 09, 2015 03:09 AM

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We rarely hear concern about the burden of privately held debt, yet many people share a concern

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Because private companies are profitseeking institutions they w...View the full answer

Macroeconomics

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