0
Is there a limit to the size of the national debt that a country can have?
Hayatakbar
simply no
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
What is the size of the US deficit?
As of 7/22/2014, the size of the US deficit is $17 trillion. According to the US Debt Clock website: "The estimated population of the United States is 318,662,593so each citizen's share of this debt is $55,255.02."
How long does it take to get out of debt?
Not long if you work on paying it off as quickly as possible. It depends on the size of the debt, and the type of intrest rates you have. For a house, expect 30 years.
What is a measure of the size of the national economy?
gross domestic product
What is the largest caricom country in size?
GUYANA
What are the changes in the size and pattern of contribution of primary sector to national income of India?
objectives
Is there a constitutional limit to the size of the national debt?
There is no constitutional limit on the size of the national debt. Congress establishes a limit above which the debt cannot go. However, it periodically raises this limit as the need for more spending arises.
After the french and Indian war the british government was alarmed by the?
size of the national debt
Why should the size of the national debt be a concern to all Americans?
Because we pay for it
After the french and Indian war the british government was alarmed by the size of the national debt?
true
Delta Air Lines what is the limit size of carry on bag?
limit size of bag
What is the total size of each economy?
The total size of an economy is typically measured by its Gross Domestic Product (GDP), which represents the total value of all goods and services produced within a country's borders in a specific time period. It is an important indicator of the economic health and performance of a country.
How does osmosis and diffusion limit the size of a cell?
diffusion and osmosis limit the size of a cell by how fast is can move
What actions did Thomas Jefferson take lower the National debt?
Jefferson streamlined government and increased sales of federal land
Is there a size limit on eBay?
no
What is the size limit for a beagle to be a show dog?
the size limit to ab beagle show dog is 15 in or under
What is a abiotic feature that people limit the population size?
the thing people limit the size is land, water, food, and climate.
What was the effect of the national debt?
The size of the US's national debt is a vital piece of the economical health of not only the USA but of all nations participating in world trade and economics. I'll focus on the USA's national debt. Generally speaking a small national debt helps the USA's economy in a few ways. Based on the USA's position in the world as a major player in world economics and yes, it's military strength, a small national debt means that taxes in the USA, whether income taxes or other Federal taxes, need not be raised to pay the principal and interest of the national debt. Another positive feature of a small national debt is that the USA can issue bonds on the free market to raise money in a smooth manner as the small debt is one indicator that the USA's finances are in good order. This also directly affects the amount of interest that Government bonds need to pay the buyers of Government bonds. The USA's ability to help the economies of other nations is enhanced when the USA can borrow funds to help their economies. Thus, the amount of foreign aid the USA can lend or grant to other nations for good reasons not frivolous ones, is increased.
