National debt on the american economy

Reference no: EM1371011

Discuss the impact of the national debt on the American economy. Use principles and concepts you have learned in this macroeconomics class. Remember that we measure the economy by the equation C + I + G + X = GDP. So think about how the government actually borrows money. Review the graphs that show what happens to bond prices, the interest rate, etc. Just stating that you think the national debt is a bad thing or doesn't matter will not earn you the potential 10 points. Your conclusions have to be supported, and correctly so, by the principles and concepts you have learned in this class.

Reference no: EM1371011

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