Question

Which of the following is the role of public debt
A. O To fight inflation
B. Financing economic development
C. Expansion of health and education.
D. All of the above​

Answer 1

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Public debt is an important measure of bridging the financing gaps of the government. Prudent utilization of public debt leads to higher economic growth and adds to capacity to service and repay external and domestic debt. It also helps the government to accomplish its social and developmental goals.

Answer 2

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Public debt is an important measure of bridging the financing gaps of the government. Prudent utilization of public debt leads to higher economic growth and adds to capacity to service and repay external and domestic debt. It also helps the government to accomplish its social and developmental ɢᴏᴀʟ.