National Debt and Economic Impact

When this video was made, the national debt was around...

• One hundred billion

• 10 Trillion

• 20 Trillion

• 35 Trillion

At the time this video was made, Americans were paying over _______ per year on the national debt

• 100 Billion

• 500 Billion

• 1 Trillion

• 10 Trillion

Who cut the national debt more, Trump or Biden?

• Trump

• Biden

• Each cut the debt by about the same amount

• Neither, they added to the debt

To pay off the national debt the government can....

• Print Money

• Raise Taxes

• Default

• Sell off the gold in Fort Knox

Are you enjoying the video lesson?

• Yes

• No

Just printing money will cause....

• Inflation

• Deflation

• Stagnation

• Entropy

Defaulting on the debt means...

• We pay back what we owe

• We only pay the interest

• We don't pay back anything

Defaulting on the National Debt would probably be good for the economy.

• True

• False

The National Debt only gets larger when Democrats are in power.

• True

• False

According to this video, Congress is working on paying down the National Debt.

• True

• False