Does a large public debt result in inflation in acountry? Give reasons for your answer.
Question
Solution 1
A large public debt can potentially lead to inflation in a country, but it's not a guaranteed outcome. The relationship between public debt and inflation is complex and influenced by many factors. Here's a step-by-step explanation:
- Government Borrowing: When a country has a large public debt Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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