What are the results from a steady decrease in the national debt?(1 point)
Responses
There is increased economic growth from a cut in tax rates for individual income and corporate income taxes.
There is increased economic growth from a cut in tax rates for individual income and corporate income taxes.
The amount spent on interest on the national debt decreases, allowing more to be spent on social programs.
The amount spent on interest on the national debt decreases, allowing more to be spent on social programs.
The amount spent on interest on the national debt increases from an increase in the interest rates on the national debt.
The amount spent on interest on the national debt increases from an increase in the interest rates on the national debt.
The number of investors decreases as there is increased doubt in the government's ability to repay the debt.