Question

What are the impact of public debits on any country Can any country survive without a debit burd​

Answer 1

Answer:

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Explanation:

Public debt, sometimes also referred to as government debt, represents the total outstanding debt (bonds and other securities) of a country's central government.  Public debt as a percentage of GDP is usually used as an indicator of the ability of a government to meet its future obligationsThe study findings of Reinhart and Rogoff (2010b) reveal that high public debt relative to GDP, of above 90%, is associated with lower GDP growth rates in both advanced and emerging countries, while at lower levels debt has little effect on economic growth.

no country cannot survive without debit burd