Economics · Macroeconomics
What is the economic situation called when a country or entity is forced to borrow money just to pay the interest on its existing debt?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Debt Settlement
- 2Debt Trap✓
- 3Debt Burden
- 4Debt Relief
Correct answer
Debt Trap
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