Right now the federal debt is over 17 trillion dollars why, Ask an Expert

Economics

Right now the Federal Debt is over 17 trillion dollars. Why has interest rates stayed low even though the Federal Government continues to borrow more and more? Should there not be a crowding out effect caused by this level of Federal Debt? Do not forget to discuss the fact that government demand for funds is interest-inelastic.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91918798

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