Future generations will be hurt by a high national debt if incurring the debt
A)was done to pay Social Security recipients.
B)resulted in heavy commitments to bail out business firms.
C)increased formation of capital.
D)slowed the formation of capital.

Question

Quizplus · Accepted Answer

Incurring a high national debt that slows the formation of capital will hurt future generations as it reduces economic growth and makes it difficult to invest in long-term projects such as education and infrastructure. This can result in lower living standards and decreased opportunities for future generations.

Future Generations Will Be Hurt by a High National Debt