External debt rises from 5 percent of GDP to over 30 percent of GDP.This increase in external debt:
A) is not a potential problem because repayment does not imply a net reduction in the income of an average citizen.
B) is not a potential problem because government debt differs from the debt of individuals.
C) is a potential problem because government debt is no different from the debt of individuals.
D) is a potential problem because repayment implies a net reduction in the income of an average citizen.
Correct Answer:
Verified
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