The current debt stock for Kenya is estimated to range above Kshs. 9.4 trillion. Required: a) Discuss the repercussion of this debt to the economy b) Would you advocate for domestic borrowing or foreign sources of loan? Discuss this comprehensively

The current debt stock for Kenya is estimated to range above Kshs. 9.4 trillion. Required: a) Discuss the repercussion of this debt to the economy b) Would you advocate for domestic borrowing or foreign sources of loan? Discuss this comprehensively

MACROECONOMICS FOR TODAY

10th Edition

ISBN:9781337613057

Author:Tucker

Publisher:Tucker

Chapter13: Federal Deficits, Surpluses, And The National Debt

Section: Chapter Questions

Problem 11SQ

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Step 1: Describe the economy of the desert continent-Africa

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Step 2: Discuss the repercussion of this debt to the economy

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