Which of the following is NOT a problem with excessive debt?
A) It worsens the central government's budget position by adding large debt service payments to other budget items.
B) It reduces the quantity of resources available to invest in economic development.
C) If debt service is substantial, schools, health clinics, roads, ports, other infrastructure, and social needs are less likely to be addressed.
D) It can reduce the chance of a crisis.
Correct Answer:
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