If interest rates rise, the burden of a nation's public debt will _____ and it will be _____ difficult to service its debt.
A) fall; less
B) fall; more
C) rise; less
D) rise; more
Correct Answer:
Verified
Q244: Which statement is TRUE regarding the possible
Q245: Lowering marginal tax rates and increasing government
Q246: One argument against using taxation to pay
Q247: (Figure: Laffer Curve) The graph shows a
Q248: Suppose the U.S. government decides to pay
Q250: GDP equals investment plus savings.
Q251: If interest rates fall, the burden of
Q252: Using demand-side fiscal policy to stimulate aggregate
Q253: The burden of a nation's debt rises
Q254: Automatic stabilizers include all of these EXCEPT
A)
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents