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Assessing the Macroeconomic Impact of Rising Government Debt in the US
Assessing the Macroeconomic Impact of Rising Government Debt in the US
For this part you should rely on the historical data provided for the US and the UK.
Suppose you are a senior figure in the Treasury Department and are tasked with making the case that high levels of debt are damaging to the economy. Use the historical data to find evidence high levels of government debt adversely affect current or future:
a) GDP growth(250+ words)
c) Interest Rates (250+ words)
Need total of 500+ words, use figures found through creditable source, APA.