Consists of interest payments on the public debt

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Reference no: EM133278021

Conceptual Problem 1 :

A) To what extent do we need to worry about the component of our total deficit that consists of interest payments on the public debt?

(Hint: ask yourself how much of this component is a real cost to the government.)

B) To what extent do we need to worry about the national debt? In what way or ways is it a burden on society?

Conceptual Problem 2:

Should we require that the budget be balanced? Discuss.

Reference no: EM133278021

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