Many Economists Argue That the Long-Term Burden of Government Debt

Many economists argue that the long-term burden of government debt will include:
1) a redistribution of resources away from future generations toward the current generation;
2) reduced investment and as a result a lower long-run rate of economic growth;
3) a burden on future generations who will have to pay interest to the owners of government bonds.

A) 1 and 2
B) 2 and 3
C) 1,2,and 3
D) 2 only
E) 3 only