Deficits are a burden on future generations if
A) they cause higher rates of inflation to occur.
B) they are not used for government capital formation.
C) they cause national saving to fall.
D) they are always a primary government deficit.
Correct Answer:
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Q37: Which of the following statements about the
Q38: In general,
A)the higher the marginal tax rate
Q39: An example of tax smoothing is provided
Q40: Which of the following is true about
Q42: Given a stable primary deficit to GDP
Q43: Which of the following would be most
Q44: Generational accounts show how much each generation
A)contributes
Q45: Economists prefer tax rate smoothing because
A)it minimizes
Q46: An increased government deficit created by a
Q59: The average cost of the distortion created
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