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Macroeconomics 10th Edition by William McEachern
Edition 10ISBN: 978-1133188131Macroeconomics 10th Edition by William McEachern
Edition 10ISBN: 978-1133188131 Exercise 9
INTEREST ON THE DEBT Why did interest payments on the national debt fall from 15.4 percent of the federal budget in 1996 to 6.6 percent in 2013? Why is this percentage expected to increase in the future?
Explanation
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Fall in interest payment on debt:
The i...
Macroeconomics 10th Edition by William McEachern
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