Solved

A Deficit Will Burden Future Generations

Question 185

Multiple Choice

A deficit will burden future generations


A) because the obligation to pay it off must be faced sooner or later.
B) if it produces higher interest rates when the economy is near full employment.
C) because future generations will have to pay taxes to fund the interest payments to Americans who hold the debt.
D) All of the above are correct.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents