The argument that the national debt imposes a burden on future generations becomes more compelling as
A)the percentage of the national debt held by foreigners rises.
B)tax rates rise.
C)interest rates fall.
D)debt service payments (interest) rise.

Question

Quizplus · Accepted Answer

When a larger portion of the national debt is held by foreigners, future generations may face a greater burden as they will need to transfer more resources abroad to service this debt, potentially impacting the domestic economy.

The Argument That the National Debt Imposes a Burden on Future