The burden of a nation's debt falls if interest rates fall.

Name: The burden of a nation's debt falls if interest rates fall.
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Question

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When interest rates fall, the cost of borrowing decreases, making it easier for the government to service its debt. This means that the burden of the debt is reduced as the government can borrow money at a lower cost. However, if interest rates rise, it becomes more expensive for the government to borrow money and the burden of the debt increases.

The Burden of a Nation's Debt Falls If Interest Rates