Most state governments in the United States operate under constitutional provisions that severely restrict expenditures financed by borrowing.Suppose this were to change,so that state governments' access to credit markets was no different from the federal government.What consequences would you predict for the nation's aggregate debt burden?

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The Answer of Most state governments in the United States operate under constitutional provisions that severely restrict expenditures financed by borrowing.Suppose this were to change,so that state governments' access to credit markets was no different from the federal government.What consequences would you predict for the nation's aggregate debt burden?

Most State Governments in the United States Operate Under Constitutional