Asked by
Saryah Winborne
on Oct 13, 2024
Verified
Which statement is false?
A) Foreigners are holding an increasing percentage of the national debt.
B) The national debt rises substantially during wartime.
C) Over the next 50 years we will have to pay off most of the national debt.
D) None of the statements are false.
National Debt
describes the total amount of money that a country's government has borrowed and not yet repaid.
- Acknowledge the historical setting and advancement of fiscal policy and government debt.
- Understand the global aspects of national debt and the influence of foreign investment on domestic economy.
Verified Answer
DJ
Learning Objectives
- Acknowledge the historical setting and advancement of fiscal policy and government debt.
- Understand the global aspects of national debt and the influence of foreign investment on domestic economy.