Which of the following statements best describes the concept of "two faces of debt"?
A)Government debt requires higher taxation in the future to repay the principal and interests of the debt.
B)Intermediaries issue financial claims to SSUs and own financial claims issued by DSUs.
C)Every financial asset is someone else's liability/equity.
D)DSUs in one period can be SSUs in another one.

Question

Quizplus · Accepted Answer

The concept of "two faces of debt" refers to the idea that every financial asset is simultaneously a liability for someone else, highlighting the dual nature of financial instruments.

Which of the Following Statements Best Describes the Concept of "Two