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Q: okay then if you where in the position to implement a solution for the country;s long-term debt, what would it be and why?
A: One of the solution is to increase government taxes which can help to loosen or minimized the long term debt. Other alternative would be a decrease of the entitlement spending of the government
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User: What are the potential consequences of a country having a large overall debt?

User: yes, can you tell me what are the potential consequences of a country having a large overall debt?

User: okay then if you where in the position to implement a solution for the country;s long-term debt, what would it be and why?

Weegy: One of the solution is to increase government taxes which can help to loosen or minimized the long term debt. Other alternative would be a decrease of the entitlement spending of the government
Expert answered|ginbapt2000|Points 20|

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Asked 8/3/2012 2:42:57 AM
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