CBSE Class 12-commerce Answered
Public
debt imposes a burden. Justify.
Asked by Topperlearning User | 19 Apr, 2016, 09:41: AM
Expert Answer
Public debt imposes a burden in the economy::
i. When the government imposes a new tax or increase the rate of existing taxes to repay the debt
ii. When the public debt is used for war purpose or used in an unplanned manner
iii. When debt is to be redeemed by issue of new currency which lead to inflationary situation
Answered by | 19 Apr, 2016, 11:41: AM
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CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 09:41: AM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 10:42: AM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 09:41: AM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 10:40: AM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 09:41: AM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 09:41: AM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 09:41: AM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 09:41: AM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 09:41: AM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 09:41: AM
ANSWERED BY EXPERT
