Arrange the following fiscal policy actions in the order they would typically be applied to reduce national debt: A) Increase taxes, B) Decrease government spending, C) Analyze the impact on economic growth, D) Implement measures to stabilize interest rates.

To reduce national debt, the first step is often to analyze the impact on economic growth. This helps policymakers understand how their actions might affect the overall economy. Next, they might choose to decrease government spending, which directly reduces the amount of money the government needs to borrow. After that, increasing taxes can generate more revenue to help pay off debts. Finally, implementing measures to stabilize interest rates ensures that the cost of borrowing remains manageable, allowing for more effective debt repayment.