Which of the following would be true if all the national debt were owned internally?
A) The federal government would not need to refinance the national debt.
B) The federal government would not need to worry about raising taxes to pay interest on the national debt.
C) We would still be concerned about the effect on the distribution of income from interest payments on the national debt.
D) Budget surpluses would be more likely than budget deficits.
Correct Answer:
Verified
Q24: If the economy is at full employment:
A)
Q25: "Crowding in" refers to federal government deficits:
A)
Q26: A concern about crowding out caused by
Q27: "Crowding out" is the theory that an
Q28: "Crowding out" refers to federal government deficits
Q30: Which of the following statements about crowding
Q31: Supply-siders argue that:
A) reductions in government spending
Q32: The crowding-out effect refers to:
A) higher interest
Q33: Supply-siders feel that high levels of government
Q34: If the crowding-out effect is strong, how
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