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Business, 21.04.2020 15:30 babyskitt

Explain how each of the following will affect the net public debt, other things being equal. a. Previously, the government operated with a balanced budget, but recently there has been a sudden increase in federal tax collections. The net public debt ▼ increases remains unchanged decreases . b. The federal government had been operating with a very small annual budget deficit until three successive hurricanes hit the Atlantic Coast, and now government spending has risen substantially. The net public debt ▼ increases remains unchanged decreases . c. The General National Mortgage Association, a federal government agency that purchases certain types of home mortgages, buys U. S. Treasury bonds from another government agency. The net public debt ▼ increases decreases remains unchanged .

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Explain how each of the following will affect the net public debt, other things being equal. a. Prev...

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