Macroeconomics 12th Edition by Rudiger Dornbusch ,Stanley Fischer,Richard Startz

Exercise 2

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