Q what is debt burdendebt burdenreal economic importance of, Ask an Expert

Economics

Q. What is Debt Burden?

Debt Burden:Real economic importance of a debt relies on interest rate that should be paid on debt and on total income of consumer or business which undertook the loan. For public debt, most appropriate way to measure debt burden is as a share of national GDP.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9579152

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