The New Classical View Argues That an Increase in Government

The new classical view argues that an increase in government debt will cause people to

A) increase their current saving so they will be better able to pay the higher future taxes implied by the increase in the debt.
B) increase their current consumption since the substitution of debt for taxes makes them wealthier.
C) shift their savings to foreign banks where they will be more secure.
D) do all of the above.