The most likely way the public debt burdens future generations is by:
A)reducing the current level of investment.
B)causing future unemployment.
C)causing a slowly falling price level.
D)reducing real interest rates.

Question

Quizplus · Accepted Answer

Public debt can lead to higher interest rates, which can crowd out private investment, reducing the capital available for future generations.

The Most Likely Way the Public Debt Burdens Future Generations