Economics Homework Help

National Debt Paper – US

Federal Government Debt

levels are at historic highs (aggregate debt is now almost $20 Trillion which is almost $61,000 for every man, woman and child in the USA – see webpage below).

Should policymakers work to reduce the national debt? What is the impact of the debt load?

Discuss both short and long term effects. What do you think the role of fiscal (and/or monetary) policy should be in the future to stimulate long-term sustainable economic growth?

Include some key economic indicators such as: unemployment, inflation, interest rates, GDP growth, etc.

Footnote resources and include a bibliography.

http://www.usdebtclock.org/

Disclaimer.The content in this document are meant to guide the student to answer the question and notintended to be the final answer. Last Name 2Federal DebtHistorically, the debt of US has…