Government deficits of one generation cannot affect the standard of living of the next generation.

Name: Government deficits of one generation cannot affect the standard of living of the next generation.
Brand: Quizplus
Rating: 4.9 (36 reviews)

Question

Quizplus · Accepted Answer

Government deficits can lead to higher levels of government debt, which can result in higher interest rates and reduced investment in the economy. These factors can ultimately lead to a lower standard of living for future generations.

Government Deficits of One Generation Cannot Affect the Standard of Living