Why is debt financing so difficult to control? How has widespread acceptance of Keynesian macroeconomics influenced debt

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Why is debt financing so difficult to control? How has widespread acceptance of Keynesian macroeconomics influenced debt financing? Does the high level of the federal debt threaten the welfare of future generations? Why or why not?

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Macroeconomics Private And Public Choice

ISBN: 9780357134009

17th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

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Question Posted: Oct 06, 2023 01:42 PM

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Why is debt financing so difficult to control? How has widespread acceptance of Keynesian macroeconomics influenced debt

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Debt financing can be difficult to control for several reasons Political Pressures Politicians often use debt as a tool to fund popular programs and projects which can be a way to gain voter support T...View the full answer

Macroeconomics Private And Public Choice

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