What would be the consequence of not raising the debt limit?
Why The U.S. Has A Debt Ceiling, While Most Other Countries Don't

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Social Studies, Business
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University
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The national debt would decrease.
New spending would be approved.
The country would default on its debt.
The military would receive more funding.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which two countries have a debt ceiling?
Germany and Poland
Denmark and Poland
US and Denmark
US and Germany
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a 'debt break' as mentioned in the video?
A limit on new spending
A rule to keep debt under a percentage of GDP
A temporary suspension of debt payments
A method to increase the debt ceiling
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary reason the debt ceiling is considered a political tool?
It is a constitutional requirement.
It allows for new spending.
It is used to control inflation.
It is used to gain political leverage.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one method mentioned for raising the debt ceiling?
Reducing government spending
Issuing more bonds
Increasing taxes
Suspending it for a period
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major argument against the debt ceiling?
It is a constitutional requirement.
It is an artificial limit.
It encourages new spending.
It is unique to the US.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is there resistance to removing the debt ceiling?
It is a constitutional requirement.
It helps track US spending.
It is a political tool.
It encourages fiscal responsibility.
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