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Should We Be Concerned About a Growing Federal Debt

Question 86

Multiple Choice

Should we be concerned about a growing federal debt?


A) No,because budget deficits are more important to worry about than the federal debt.
B) No,because federal debt,unlike private debt,does not have to be repaid.
C) Yes,because a large federal debt may slow the rate of economic growth in the future.
D) Yes,because if the debt grows too large,we will have to receive bailouts from other countries,which means they will be able to control our policy and economy.
E) Yes,because it is likely that the government will confiscate the savings of individuals to pay for the debt.

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