Deficit spending and a large national debt can have important effects on future generations because they
A) make it possible for those living in the present to pass the opportunity costs of current government spending on to future generations.
B) can significantly impact spending on capital formation.
C) will pass interest obligations on to future generations with no corresponding benefits.
D) will cause the government to go bankrupt.

Question

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The Answer of Deficit spending and a large national debt can have important effects on future generations because they
A) make it possible for those living in the present to pass the opportunity costs of current government spending on to future generations.
B) can significantly impact spending on capital formation.
C) will pass interest obligations on to future generations with no corresponding benefits.
D) will cause the government to go bankrupt.

Deficit Spending and a Large National Debt Can Have Important