True or false and explain: The national debt represents a threat of bankruptcy.

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter16: Government Spends, Collects, And Owes
Section16.3: The Federal Budget And The National Debt
Problem 4R
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True or false and explain: The national debt represents a threat of bankruptcy.



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